0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
juxtapose that with india. the current leader i think they found their guy who can find commonality out of that patchwork that is india and they are very confident about their economy. japan has an extreme rate problem. malaysia and singapore doing pretty good. katie: we have to have you back soon because i really enjoyed this conversation with important perspective there. we are with nicholas pinchuk. you look at the s&p 500 it was off 1% and some of that is coming back at s&p is still down .8% with big tech down .9% with the bond market taking the brunt of the selloff with the 10 year higher at 4.5. life is a box of chocolate which is really expensive. we will speak with jacques torres. ♪ ad nauseam. but oh how he can nail a software solution like the best high screen pick and roll you've ever seen. you need ron. ron needs a retirement plan. work with principal so we can help you help ron with a retirement and benefits plan that's right for him. let our expertise round out yours. should i? normally i'd hold
juxtapose that with india. the current leader i think they found their guy who can find commonality out of that patchwork that is india and they are very confident about their economy. japan has an extreme rate problem. malaysia and singapore doing pretty good. katie: we have to have you back soon because i really enjoyed this conversation with important perspective there. we are with nicholas pinchuk. you look at the s&p 500 it was off 1% and some of that is coming back at s&p is still...
0
0.0
Apr 12, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
even from market makers, they are expanding to india for the first time. some setting up offices here in mumbai. examples are everywhere and banking sector overall in india grew the headcount by the most in over a decade last year. this is accompanied with pay hikes. firms on strategies getting paid $1 million annually and $1 million goes a lot further in mumbai than in new york. then private bankers getting 50% pay hikes so there is a lot of exuberance right now in the market around expansion, hiring, and pay. annabelle: $1 million should go far wherever you are in the world. given the salaries coming through and the pay hikes, how sustainable is the trend? >> that is a good question. i think authorities are well aware that there are pockets of over exuberance in the market. in the ipo space, they have been clamping down on over financing. the reserve bank of india is coming up with measures that affect certain parts of the currency derivatives market and speculation there and stop taking fresh money for investing overseas so you can see authorities comin
even from market makers, they are expanding to india for the first time. some setting up offices here in mumbai. examples are everywhere and banking sector overall in india grew the headcount by the most in over a decade last year. this is accompanied with pay hikes. firms on strategies getting paid $1 million annually and $1 million goes a lot further in mumbai than in new york. then private bankers getting 50% pay hikes so there is a lot of exuberance right now in the market around expansion,...
0
0.0
Apr 12, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
foreign form -- firms extending into india for the first time, who left india in the mid-2010s, are coming back because of renewed prospects in the country. it's done a lot of work in terms of ease of doing business in getting rid of some capital controls that were weighing on these businesses when they first came into india. all that comes with a pay hike, with salaries booming so market makers at foreign and local firms are seeing desk heads getting a million dollars annually. and then you have private bankers who are jumping ship at a 50% pay hike, they are demanding no less than 30%, going up to 50% at times. and then you have employers who are finding that fund managers aren't turning up when they are supposed to on monday morning and just coasting them and turning up at arrival fund instead. that tells you how this is really using the market right now. haslinda: that's based on the assumption that this is a goldilocks situation. there are risks to that. >> absolutely. you can see that indian authorities are starting to go like, hang on. there's over exuberance here and you don't want
foreign form -- firms extending into india for the first time, who left india in the mid-2010s, are coming back because of renewed prospects in the country. it's done a lot of work in terms of ease of doing business in getting rid of some capital controls that were weighing on these businesses when they first came into india. all that comes with a pay hike, with salaries booming so market makers at foreign and local firms are seeing desk heads getting a million dollars annually. and then you...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
you're watching india focus. india starts trading in just under five minutes. futures point to a higher open. some individual investors in india are exploring a new and growing segment of the nation's credit market in pursuit of higher returns. our asia credit reporter joins us now. why? >> the nascent credit market of india is primarily because of the higher yields these kind of products are offering. it's a market where the debt is backed by the cash flow of bonds which have been issued by the nation's highest companies. when you compare it with the fixed deposit of similar maturity from the nation's largest lender, it is offering 7%. clearly the yield is the major driver of my these individuals are excluding the exotic corporate debt. the other reason is also because it is believed that these smaller companies of india are going to gain the most out of the economic growth they're promising. this buying of these kind of debt products gives initial investors exposure to the smaller, midsize firms. haslinda: we are talking about something exotic. it sounds like
you're watching india focus. india starts trading in just under five minutes. futures point to a higher open. some individual investors in india are exploring a new and growing segment of the nation's credit market in pursuit of higher returns. our asia credit reporter joins us now. why? >> the nascent credit market of india is primarily because of the higher yields these kind of products are offering. it's a market where the debt is backed by the cash flow of bonds which have been issued...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
china versus india, how influencers have gone from china into india, driving the elevated valuations that we are seeing among indian stocks. we had regulators -- warning and cautioning investors about those elevated valuations. india in the first minute of trade is in negative territory, the sensex down .08. nifty 100 down by .90. flat -- the one stock we are tracking is tcs, after one contracts in the club. trading at this-- not -- staying with india, it is pledging to focus on infrastructure. and promising modi is bidding for an historic third time in voting. our guest believes that this is a noncompetitive election. joining us from new delhi is a senior fellow from the center propeller see research -- the center for research. for policy research. >> there is a great imbalance of power. ten years, and its adversaries. the opposition despite -- remains fragmented. it is not able to challenge the bjp. that leaves no stone unturned to maximize its position. the concern is not just about the imbalance but about these elections free and fair character. the location of political funding
china versus india, how influencers have gone from china into india, driving the elevated valuations that we are seeing among indian stocks. we had regulators -- warning and cautioning investors about those elevated valuations. india in the first minute of trade is in negative territory, the sensex down .08. nifty 100 down by .90. flat -- the one stock we are tracking is tcs, after one contracts in the club. trading at this-- not -- staying with india, it is pledging to focus on infrastructure....
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the iphones are still pricey in india. much of this demand -- apple exports a book of its demand. >> what does it share about the significance more broadly of india to apple? >> what we reported is that apple made $40 billion worth of iphones in india. this shows the rise of india as a manufacturing hub. it shows that apple is dying. it is trying to diversify out of china where washington and beijing are. it is using india as a major destination to make iphones. with this, apple is making about 50% of its global iphone output in india in volume terms. this is incredibly important for apple as well. >> where does it leave apple's relationship with china? what will china be thinking? >> i am pretty sure they are not going to be happy. apple has done the shift very steadily but very quietly. they don't make noises about it. all of their manufacturers have steadily increased their manufacturing lines. there is an indian iphone maker and data group from china. the overall environment in india is good for apple and therefore i t
the iphones are still pricey in india. much of this demand -- apple exports a book of its demand. >> what does it share about the significance more broadly of india to apple? >> what we reported is that apple made $40 billion worth of iphones in india. this shows the rise of india as a manufacturing hub. it shows that apple is dying. it is trying to diversify out of china where washington and beijing are. it is using india as a major destination to make iphones. with this, apple is...
0
0.0
Apr 16, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
they will have to hang onto that and also make huge inroads into south india and east india, which to me looks like a very difficult proposition. the south has its own dynamics in the bjp's attempt to push this as their main agenda does not seem to be working very well in the south. and recently as you know the governors won to big -- two big state elections in the south. it seems to have revived itself in the south in the bjp is making a very big push but it will be very difficult. so although it may get a majority come i think this whole thing of 370 plus, 400 plus that have been talking about, that seems to be a very tricky proposition. haslinda: thank you so much for your insights. arati jerath, author, political analyst and commentator. plenty more ahead. this is bloomberg. ♪ so, what are you thin i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in mont
they will have to hang onto that and also make huge inroads into south india and east india, which to me looks like a very difficult proposition. the south has its own dynamics in the bjp's attempt to push this as their main agenda does not seem to be working very well in the south. and recently as you know the governors won to big -- two big state elections in the south. it seems to have revived itself in the south in the bjp is making a very big push but it will be very difficult. so although...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
for us, we are from india. we are businesses that have leverage the power of the indian diversity and richness. that's what we think is our biggest competitive advantage. >> do you see the competition to get advertisements to secure more advertisement? >> that's the big challenge. right now, google has a monopoly situation in india. when it comes to digital advertising. it's already at about $10 billion and they take more than 50% of it. so it's already much bigger. the question is, can you mount an effective challenge to these two companies? it's important for the country, for society, for the people. otherwise, they will not have choices. so it's important for us to put up capabilities and technology that allows us to compete effectively with these giants. haslinda: that was the incoming viacom 18 vice chair. subscribers can get more from that exclusive interview on the terminal and on bloomberg.com. plenty more ahead. this is bloomberg. ♪ haslinda: you're watching bloomberg markets: asia. elon musk is expe
for us, we are from india. we are businesses that have leverage the power of the indian diversity and richness. that's what we think is our biggest competitive advantage. >> do you see the competition to get advertisements to secure more advertisement? >> that's the big challenge. right now, google has a monopoly situation in india. when it comes to digital advertising. it's already at about $10 billion and they take more than 50% of it. so it's already much bigger. the question is,...
0
0.0
Apr 9, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
more than any other benchmark in india. sanford c. bernstein did analysis and saw that foreigners are getting into hindustan aeronautics, and these kind of names within the nifty 50 index. this is becoming more of a playground for foreign investors that it has been in the past. haslinda: when this urge is so rapid, you talk about risks. what are some of the risks to the rally? >> there are many risks on the horizon. one is of course that this pocket of the market has not seen correction yet, unlike the small caps in india and there is bound to be profit taking after a 65% rally over the past year for the next 50 index. secondly, the earnings potential needs to be matched by actual increases in corporate profit. if investors see that earnings are coming through, they are likely to take money out of these companies. especially as other markets such as japan in asia are booming, and china is also rebounding. if this rebound in china seems more sustainable, you could see tactical outflows out of india, and the next day next 50's -- the ni
more than any other benchmark in india. sanford c. bernstein did analysis and saw that foreigners are getting into hindustan aeronautics, and these kind of names within the nifty 50 index. this is becoming more of a playground for foreign investors that it has been in the past. haslinda: when this urge is so rapid, you talk about risks. what are some of the risks to the rally? >> there are many risks on the horizon. one is of course that this pocket of the market has not seen correction...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we are watching inflation evolution in india. we think as we move into the second half of the year, later into the third quarter, we could see a rate cut from the r.b.i.. certainly no prospect of hikes to protect the currency in india. it is something we may see in indonesia. but unlikely to see that be replicated in india. haidi: let's get back to a breaking story that came out the last 10 minutes or so. you are seeing the stock climbing and after hours so far. we are hearing that it could be set to receive a very large amount in grants from the commerce department in the u.s. to help pay for domestic factory projects. mckenzie, thanks for joining us. we've heard a number of different companies being announced as preliminary recipients. micron now also. >> the seventh announcement the biden administration has made from this push to subsidize semiconductor factories. micron has pledged to build as many as four to produce chips in upstate new york. they are planning to build a $15 billion facility in idaho. they are one of 600 com
we are watching inflation evolution in india. we think as we move into the second half of the year, later into the third quarter, we could see a rate cut from the r.b.i.. certainly no prospect of hikes to protect the currency in india. it is something we may see in indonesia. but unlikely to see that be replicated in india. haidi: let's get back to a breaking story that came out the last 10 minutes or so. you are seeing the stock climbing and after hours so far. we are hearing that it could be...
0
0.0
Apr 11, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
when you look at india, because of the bond index inclusion of india government bonds. only until march, we have already seen around 8.8 billion into the local indian bond market. you can see the potential there. then we have large institutional clients already looking into allocating to india fixed income as part of their money allocation. i think over time, this client will definitely look beyond the inclusion. they would put it as a strategic asset location. for india, the fixed income market, we will see it. 100 billion investment getting into india. of course, you guys can see the stock market where it's been performing fairly well. i think the story will continue. that's a very strong inflow as part of the investment seem over the past 12 months. paul: hsbc asset management and kate ridgedale speaking with yvonne man in hong kong. bloomberg new voices is an initiative focused on amplifying the voices of women and underrepresented voices in finance. the strivers can see more from that launch event on the terminal and online. we have plenty more ahead. this is bloom
when you look at india, because of the bond index inclusion of india government bonds. only until march, we have already seen around 8.8 billion into the local indian bond market. you can see the potential there. then we have large institutional clients already looking into allocating to india fixed income as part of their money allocation. i think over time, this client will definitely look beyond the inclusion. they would put it as a strategic asset location. for india, the fixed income...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
index inclusion of the india government bond. so until march, we have already seen them put a billion into the local indian bond market. so you can see the potential there. then we have large institutional clients who are already looking into allocating into india, fixed income, as part of their location. i think over time, these large institutional clients are looking because of inclusion, they will put it as a strategic asset allocation. so we envisage the fact that india, for example, the fixed income market that we will see in the next three to five years, hundreds of billions of investment getting into india. you guys can see in the stock market where it has been performing very well. i think the story will continue. so that is a very, very strong inflow as part of the investment theme over the past 12 months. haidi: hsbc asset management daisy ho and kkr's katie ridgedale, speaking. bloomberg new voices is focused on amplifying the voices of women in finance. the number subscribers can see more of that event on the terminal
index inclusion of the india government bond. so until march, we have already seen them put a billion into the local indian bond market. so you can see the potential there. then we have large institutional clients who are already looking into allocating into india, fixed income, as part of their location. i think over time, these large institutional clients are looking because of inclusion, they will put it as a strategic asset allocation. so we envisage the fact that india, for example, the...
0
0.0
Apr 11, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
is a key underpinning of growth in india. india's contribution to growth in the region has continued to increase in the past number of years. i think we can expect this to continue assuming policies would be adopted to address some of the issues around productivity, for example, around maximizing labor force participation, it really maximizing the demographic dividend that india has in place. haidi: john, we appreciate your time with us, john beirne, principal economist at add with the latest report the latest on geopolitics. brent crude prices spiking the u.s. and its allies believe that major strikes by iran or iranian proxies against israel could happen in days. sources familiar with the intelligence say iran could produce missiles against the military or other targets. president biden says he is watching the israeli prime minister's response to what he calls a "blunt message on improving civilian conditions in gaza." speaking at the white house, but it also offered a six cease-fire in exchange for her releasing hostages a
is a key underpinning of growth in india. india's contribution to growth in the region has continued to increase in the past number of years. i think we can expect this to continue assuming policies would be adopted to address some of the issues around productivity, for example, around maximizing labor force participation, it really maximizing the demographic dividend that india has in place. haidi: john, we appreciate your time with us, john beirne, principal economist at add with the latest...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
at the same time they don't really sell in india because india is flooded with cheap chinese phones that really dominate the market. how much has this become part of the issue for the united states that china is flooding the market globally with cheap goods that it wants to sell not just of the u.s. but crowding out competition elsewhere? enda: it seems to have become the topic of the moment. the main messaging from secretary yellen's trip last week was all about the idea that china is making too much excess produce and dumping it on global markets at good prices. during that speech janet yellen made the point it was not just a threat to u.s. factories and u.s. workers. it was a threat to workers around the rest of the world to drum up support. we have the big imf world bank meeting here next week on the finance ministers will be in washington, d.c. i would be interested to see what kind of support which countries way in behind u.s.-but complained that china is now stoking a new china shock with the export of its excess capacity around the world. so far the argument has not really let up
at the same time they don't really sell in india because india is flooded with cheap chinese phones that really dominate the market. how much has this become part of the issue for the united states that china is flooding the market globally with cheap goods that it wants to sell not just of the u.s. but crowding out competition elsewhere? enda: it seems to have become the topic of the moment. the main messaging from secretary yellen's trip last week was all about the idea that china is making...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
still the largest country but we feel that you must stock select in india as well. it is becoming a larger market than even five years ago. it is in sectors like the consumer sectors and the financials. because we are looking at shareholder return and cash dividend, we are in other suck -- sectors such as energy infrastructure, industrials and areas not as expensive. annabelle: what about in north asia? i noticed that you are a bit underweight on taiwan but overweight on korea. what is the difference? >> in terms of taiwan and korea, both benefit from ai infrastructure and interest in that technology. taiwan has had a good run. we are underweight because we took profit off the table. we are hopeful and own a variety of stocks in terms of ai supply chains and semiconductors. in south korea we have large weighting in the samsung electronics and other diversified holdings in the banking sector and telecom. we are hopeful about both especially with this recovery in the semis sector. annabelle: i can see that you have one in taiwan that is still in the ai space. >> yes,
still the largest country but we feel that you must stock select in india as well. it is becoming a larger market than even five years ago. it is in sectors like the consumer sectors and the financials. because we are looking at shareholder return and cash dividend, we are in other suck -- sectors such as energy infrastructure, industrials and areas not as expensive. annabelle: what about in north asia? i noticed that you are a bit underweight on taiwan but overweight on korea. what is the...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
see shipping impacts and costs and inflation impacts on many of the goods that are shipping through india, in particular rare earth materials, critical minerals that are used in global technology products, and then you are also going to see actually a supply chain impact on oil and gas industries because a lot of methanol actually shipped through those ports. you're going to see a global impact but it is going to be really felt in asia right now because those are the places that are still dependent on this major thoroughfare, this major shipping route. katie: you touched on what i've been wondering about which is where we should be looking for the ripple effects, what industries we should be keeping an eye on. it sounds like oil, definitely but also rare minerals and things along those lines. >> absolutely. oil and gas during any middle east conflict obviously sees the oil price spike. so depending on the israeli response and depending on the extent of this conflict, which a lot of our customers that are in the federal government are saying that they are anticipating maybe targeted strike
see shipping impacts and costs and inflation impacts on many of the goods that are shipping through india, in particular rare earth materials, critical minerals that are used in global technology products, and then you are also going to see actually a supply chain impact on oil and gas industries because a lot of methanol actually shipped through those ports. you're going to see a global impact but it is going to be really felt in asia right now because those are the places that are still...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
people in china -- people india started buying jewelers. the point is a speculative rally will continue as long as martin uncertainty continues. if the direction of rates becomes clearer i am not sure we be doing as well right now. jonathan: there are a lot of reasons gold is up here. there is one argument suggesting it is difficult to understand where i can go to find risk mitigation characteristics if we have problems and the problem might be higher inflation. lisa has been asking whether treasuries fill that role anymore. does gold fill that role? krishna: if you think gold fulfills that weight then you have to think other places like china who have not been buying gold will all of a sudden start. that might be the case. it has to be some additional buying. the nonhealing characteristics of gold has not changed. in that sort of a context you have to believe one of these stories with very sparse data. i cannot get myself there. jonathan: is the biggest risk upside risk or downside risk? what about now? krishna: the reason for t-bill and c
people in china -- people india started buying jewelers. the point is a speculative rally will continue as long as martin uncertainty continues. if the direction of rates becomes clearer i am not sure we be doing as well right now. jonathan: there are a lot of reasons gold is up here. there is one argument suggesting it is difficult to understand where i can go to find risk mitigation characteristics if we have problems and the problem might be higher inflation. lisa has been asking whether...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
that already happened and a higher inflationary environment, countries like india or thailand will have a protectionist measure on banning exports and that makes it more vulnerable, because it has less levers to pull. at the same time because it has not fiscally consolidated as much as other countries, it does not have a lot of space to hand out subsidies, meaning that government is absorbing costs from households. we are quite concerned when you accelerate inflation, everyone except malaysia and australia do not benefit from this, right? so we are concerned but the degrees of concern very. haidi: that was trinh, emerging markets economist. you can get a roundup of the stories you need to get your day going on daybreak. bloomberg subscribers go to dayb or it is available on mobile in the bloomberg anywhere app. customize settings so you only get the news on industries and assets that you care about. more ahead. this is bloomberg. ♪ ♪ annabelle: let's get more on chinese prime minister kishida's visit in washington. the u.s. ambassador to japan rahm emanuel spoke to us from the
that already happened and a higher inflationary environment, countries like india or thailand will have a protectionist measure on banning exports and that makes it more vulnerable, because it has less levers to pull. at the same time because it has not fiscally consolidated as much as other countries, it does not have a lot of space to hand out subsidies, meaning that government is absorbing costs from households. we are quite concerned when you accelerate inflation, everyone except malaysia...
0
0.0
Apr 11, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
elon musk is reportedly looking at india. maybe we will get updates on supply and demand from that country. adobe is one to watch. a report on how expensive it is sometimes to train large language models and text to video in particular. and, where you are getting some of those videos from. we dig into adobe under pressure by about a percentage point today. looking likes it is trying to take on sora the likes of openai product when it comes to ai video generation offering photographers and artists $120 to submit videos of people expressing everyday emotions. let's get more with our reporter brady ford who helped break the story. they are playing catch-up with text video. where they don't have to play as much catch-up is where they trained their data. but, maybe have to pay extra. brady: they have a giant repository of images used to train photos. they have like 300 million photos. not as big of a deal. when it comes to video they don't have as much of that in stock libraries. now we see they are starting to curate data to trai
elon musk is reportedly looking at india. maybe we will get updates on supply and demand from that country. adobe is one to watch. a report on how expensive it is sometimes to train large language models and text to video in particular. and, where you are getting some of those videos from. we dig into adobe under pressure by about a percentage point today. looking likes it is trying to take on sora the likes of openai product when it comes to ai video generation offering photographers and...
0
0.0
Apr 12, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
there is an exciting story developing around emerging ev markets like india or thailand, where sales are growing really fast. right now ev sales are not falling off the cliff yet. kriti: talk to us about the sustainability story when it comes to things like input, for example, is the cleaner ev story accurate? i asked that because you hear so much narratives about the technology, that it is cleaner now but longer-term lithium batteries, etc. may not be as sustainable as it seems. >> actually it is quite the reverse. ev's are already much cleaner than petrol and diesel cars. the debate around the lifecycles of sustainability of electric cars stems from the fact that in the manufacturing phase, ev's are emission intensive. that is down to the battery manufacturing process preyed once on the road, those cars are much cleaner. >> that is down to the use of emissions that cars are associated with. if you buy an electric car today, drive it, the lifecycle co2 emissions are up to 71% lower. the good news is, it is said to get even better than that. as grids get greener and renewable energy
there is an exciting story developing around emerging ev markets like india or thailand, where sales are growing really fast. right now ev sales are not falling off the cliff yet. kriti: talk to us about the sustainability story when it comes to things like input, for example, is the cleaner ev story accurate? i asked that because you hear so much narratives about the technology, that it is cleaner now but longer-term lithium batteries, etc. may not be as sustainable as it seems. >>...
0
0.0
Apr 16, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
production of their gadgets away from china to minimize the geopolitical use and they're exploring india and vietnam which has seen a four poll increase in companies assembling apple products over the last decade. let's talk about global regulation for a moment and joined with the european commissioner of financial services to discuss all things digital finance and regulation, ed. ed: we're looking at erickson, the swedish shares, 2% higher as it stands and the u.s. a.d.r. is higher even still than that. beat on earnings and it's really interesting, a company going through restructuring at a time the mobile phone cell carriers are not spending on 5g network infrastructure but the market likes what it sees. stock up 2%. this is bloomberg technology. ♪ ed: the european union is back in silicon valley and this time the focus is payments, crypto, and the impact of artificial intelligence on banks. the commissioner of financial has met with plaid and have meetings lined up with apple and stripe. the commissioner joins me on set. >> it's been a while since i was on this side of the country.
production of their gadgets away from china to minimize the geopolitical use and they're exploring india and vietnam which has seen a four poll increase in companies assembling apple products over the last decade. let's talk about global regulation for a moment and joined with the european commissioner of financial services to discuss all things digital finance and regulation, ed. ed: we're looking at erickson, the swedish shares, 2% higher as it stands and the u.s. a.d.r. is higher even still...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
and india have put up trade barriers on solar panels that come from china because they are so low in price. as have all come into europe -- those have all come into europe. it is challenging for scholz because it is a key economic relationship. a quarter trillion dollars traded last year with china, the biggest trading partner for germany, though it is down 15% from the year previous. scholz needs to walk that fine line, on the one hand preserving the relationship, while on the other not stepping on the toes of the policy goals of the broader eu. tom: does that move lower, 15.5%, talk to the de-risking olaf scholz and his team have talked about when it comes to the china story? >> perhaps to a certain degree. when you look at -- how to illustrate the point how massive this relationship is, bmw sells a third of their cars in china. basf is about 13%. china is 15% of the chemical sector. basf isn't looking back, they say this is where we need to be. siemens is closer to 12%. when you look at what the companies are saying, when they did a survey of the german chambers of congress -- com
and india have put up trade barriers on solar panels that come from china because they are so low in price. as have all come into europe -- those have all come into europe. it is challenging for scholz because it is a key economic relationship. a quarter trillion dollars traded last year with china, the biggest trading partner for germany, though it is down 15% from the year previous. scholz needs to walk that fine line, on the one hand preserving the relationship, while on the other not...
0
0.0
Apr 9, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we've seen this in the flows away from equities and into markets like japan and india, how big is the gap? hideyuki: the gap is the largest in over 60 years, so the japanese market accounts for 80% while china accounts for 15%. three years ago, the gap was five percentage point and i guess most people in the market thought it would be inevitable for china to overtake japan, they have the economy that is three times larger. but since then as we all know, chinese shares have slumped while japanese stocks have found renewed momentum. at the moment, japan seems to be -- japanese shares are favorite for international investors, but from now on, it really depends on how long japanese markets can sustain the current momentum. annabelle: how long can this last if you've got the waiting that is so high. more than a third of the asia-pacific index versus investors dipping toes back into chinese equities. hideyuki: we are starting to hear investors shifting back to china now that there is a sign that policymakers seem to be more serious about trying to boost the economy and stock markets and als
we've seen this in the flows away from equities and into markets like japan and india, how big is the gap? hideyuki: the gap is the largest in over 60 years, so the japanese market accounts for 80% while china accounts for 15%. three years ago, the gap was five percentage point and i guess most people in the market thought it would be inevitable for china to overtake japan, they have the economy that is three times larger. but since then as we all know, chinese shares have slumped while...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
also, the geographical diversification into india is an area that could again be very interesting for apple as they move away from china, but at the end of the day, china is a massive market that is very important. it's going to be very interesting to see if apple can turn this around quickly without any real support from china. ed: last night we regrouped with the team and asked what the story was going to be monday. apple, we have the geopolitics of the middle east, and then tesla. i'm trying to find a commonality between them all. i think that the commonality is -- should we be talking more about the health of the global economy right now for consumer facing technology? nick: yes, -- fiona: yes, exactly. that's a really important point. the macro backdrop for these stocks is not ideal right now. looking at where we are as far as the macro picture is concerned, it's not smooth sailing at all for the consumer. the prospect of the federal reserve keeping interest rates higher for longer after those higher than possible retail sales figures last week that are holding up but when you've
also, the geographical diversification into india is an area that could again be very interesting for apple as they move away from china, but at the end of the day, china is a massive market that is very important. it's going to be very interesting to see if apple can turn this around quickly without any real support from china. ed: last night we regrouped with the team and asked what the story was going to be monday. apple, we have the geopolitics of the middle east, and then tesla. i'm trying...
0
0.0
Apr 12, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the value of our manufacturing exports exceeds that of germany, japan, korea, and india combined. but we are producing different things. we are no longer producing textiles and apparel, no longer producing footwear. we are producing more sophisticated equipment. that is what you would expect with the more developed economy. think about all of the things in the news about ai and different technology developments. in 1985, who would have considered that? david: we also have, i think, and more complex supply chain then in 1985. i wonder, as policymakers address something like in steel, it's one thing for the steel companies but another for those who have to use steel, for example to make cars. there is a disagreement between pennsylvania and my home state of michigan about the nippon steel deal. michigan would just assume have less expensive steel. robert: nippon steel values the customer relationships that u.s. steel has. they believe that they can be an effective producer, bringing in some of the plants that u.s. steel had. they had safety violations, they had fires, u.s. steel sai
the value of our manufacturing exports exceeds that of germany, japan, korea, and india combined. but we are producing different things. we are no longer producing textiles and apparel, no longer producing footwear. we are producing more sophisticated equipment. that is what you would expect with the more developed economy. think about all of the things in the news about ai and different technology developments. in 1985, who would have considered that? david: we also have, i think, and more...
0
0.0
Apr 11, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we have seen a lot of governments give subsidies, china, india in the u.s. with the biden inflation reduction act, has really helped produce much more electric vehicles and has accelerated the production of them globally. you just talked about the price drop. when tesla first came out, they were under $10,000, now they are $25,000. what is the issue? over the next -- call it by 2030, and the numbers might be low. but a lot of different estimates. it will be 35,000,002 50 million ev's on the road. in the u.s., we have about 106 5000 public chargers at this point. current estimates are we need about 3.5 million to 5 million chargers by 2030. sonali: i'm really interested in this partnership, too. cbre was not one of the first players that would come to mind. now you are seeing private players come together to start fixing this problem you're talking about. how did this come together, and why is it known for its real estate business the partner to step up in an initiative like this? eileen: the reason the partners step up is they need chargers in many of their
we have seen a lot of governments give subsidies, china, india in the u.s. with the biden inflation reduction act, has really helped produce much more electric vehicles and has accelerated the production of them globally. you just talked about the price drop. when tesla first came out, they were under $10,000, now they are $25,000. what is the issue? over the next -- call it by 2030, and the numbers might be low. but a lot of different estimates. it will be 35,000,002 50 million ev's on the...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the one positive side is that as data centers get built up, you look at the success that india is having. it is becoming a bigger commodity. there are a lot that i do not think artfully priced in unit. lisa: how is it? >> it has been tricky. they have experience in the region. they know what they would have done. we get a pretty good read on what is going on. there is still a lot of range. it is hard to figure out how the various countries will respond. we never quite so directly told israel what we want them to do. lisa: that has been almost no consistent pattern between maids and stocks. halite you shifting your understanding given that earnings are inconsistent? >> pulling up the top stories on bloomberg, going back, suppressed sales of brands. something that we are not facing is earnings pressure. i keep coming back to it. i never knew what it was three years ago. now it is this ev company. you see this kind of pressing across the globe. what do we do as we face competition from chinese brands? it is starting to filter into the market and it will put pressure on the -- on stocks. jon
the one positive side is that as data centers get built up, you look at the success that india is having. it is becoming a bigger commodity. there are a lot that i do not think artfully priced in unit. lisa: how is it? >> it has been tricky. they have experience in the region. they know what they would have done. we get a pretty good read on what is going on. there is still a lot of range. it is hard to figure out how the various countries will respond. we never quite so directly told...
0
0.0
Apr 9, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
you are seeing that in india and parts of latin america, in the u.s.. huge forces going that direction. it is not just the chinese factor. i think we will continue to see these forces. there are also at the same time as the demand is going up for these goods, there are supplies being found in places like norway. it is a long delay to get these supplies into the markets. but no question that the supplies will also start dampening things in the longer run. in the shorter run, we will see bumpy ups and downs. lisa: how much more does the gold trade have to run given the fact that this diversification story has legs? afsaneh: this diversification story will continue. if we look over the last 50, 1 hundred years in terms of the place of gold in central bank reserves, it has gone up and down through time. at times when people were less certain about certain political factors, you have seen the place of gold taking a much bigger share. right now what we are seeing is more of the medium-term impact. there is more central banks that will be continuing to add to
you are seeing that in india and parts of latin america, in the u.s.. huge forces going that direction. it is not just the chinese factor. i think we will continue to see these forces. there are also at the same time as the demand is going up for these goods, there are supplies being found in places like norway. it is a long delay to get these supplies into the markets. but no question that the supplies will also start dampening things in the longer run. in the shorter run, we will see bumpy...