Bloomberg
CFIUS' Role in U.S-China Trade War
Nov.27 -- Peter Bolin, partner at law firm Drinker Biddle, discusses the role the Committee on Foreign Investment in the U.S., or CFIUS, plays in the U.S.-China trade war. CFIUS investigations in 2018 represented 69% of the number of...
Bloomberg
Hong Kong Economy Slides Into Recession
Oct.31 -- Hong Kong’s economy is in recession after the city was hit by a double whammy of violent street protests and the U.S.-China trade war. Data for the third-quarter showed a much sharper than expected contraction. Bloomberg’s Enda...
Bloomberg
Facebook Settles Biometric Privacy Case for $550 Million
Jan.29 -- Facebook Inc. will pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in U.S. history, according to a statement Wednesday by lawyers for...
Bloomberg
U.S. Stocks Are Priced for Perfection, Gibbs Wealth Management Says
Feb.04 -- Erin Gibbs, president and chief executive officer at Gibbs Wealth Management, talks about Asian and U.S. stock markets. She speaks with Taylor Riggs and Paul Allen on "Bloomberg Markets."
Bloomberg
China Exports Unexpectedly Decline, Imports Rise
Dec.08 -- China’s exports unexpectedly fell in November as global demand waned and a deal with the U.S. continued to elude negotiators, while imports rebounded. Tom Mackenzie report on "Bloomberg Daybreak: Australia."
Bloomberg
Amazon, Microsoft, Visa Favored, Whittier Trust CIO Says
Dec.08 -- Sandip Bhagat, chief investment officer at Whittier Trust, talks about the U.S. economy, stocks and bonds. He speaks with Kathleen Hays and Paul Allen on "Bloomberg Daybreak: Australia."
Bloomberg
Struggling Local Banks Turn to Riskier Credit in Japan
Dec.16 -- Low interest rates in Japan are making it increasingly difficult for banks to turn a profit. A Bloomberg survey says that’s driving a handful of regional lenders towards riskier credit. Bloomberg’s Andrew Monahan reports on...
Bloomberg
Australia Cancels China’s Belt and Road Deal With Victoria State
Apr.21 -- Australia has canceled agreements between China’s Belt and Road Initiative and the Victoria state government. The move could further worsen ties between the two nations. Paul Allen reports on "Bloomberg Daybreak: Australia."
Bloomberg
China Property Market at 'Darkest Moment Before Dawn': AllianceBernstein
Sep.23 -- Jenny Zeng, co-head of Asia Pacific fixed income at AllianceBernstein, discusses the debt woes of China Evergrande Group and the prospects for country's real estate market. Financial regulators in Beijing issued a broad set of...
Bloomberg
Covid Cases in Australia's New South Wales Keep Rising
Aug.29 -- The Australian state of New South Wales saw another record day of new Covid-19 cases on Sunday as the outbreak continues to spread. However NSW Premier Gladys Berejiklian said the daily cases are not as useful as the number of...
Bloomberg
Ant Sets Pricing for Record IPO
Oct.26 -- Jack Ma’s Ant Group Co. Ltd. is said to raise almost $35 billion through dual IPOs in Shanghai and Hong Kong, a mega listing that will rank as the biggest ever and make Ant one of the most valuable finance firms on the planet....
Bloomberg
Crown Resorts CEO Barton Resigns After Casino Inquiry
Feb.14 -- Ken Barton will be stepping down as chief executive officer at Crown Resorts Ltd. Barton was under pressure to resign after an inquiry found Crown had facilitated money laundering and was unfit to hold a casino license in...
Bloomberg
Hang Seng Proposes Major Overhaul of HSI
Dec.22 -- Hang Seng Indexes is considering wide-ranging changes to the stock benchmark in Hong Kong. If approved, they’ll dilute the influence of its largest companies. Bloomberg’s Sofia Horta e Costa reports on “Bloomberg Daybreak: Asia.”
Bloomberg
Alibaba Probe Stirs Concern on What’s Next for Chinese Tech
Dec.28 -- Beijing’s crackdown on Alibaba has cast a shadow over China’s biggest tech companies. Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. have lost nearly $200 billion in Hong Kong in the two trading sessions...
Bloomberg
Tech Giants Will Stand Their Ground Against Australia: Scheeler
Feb.11 -- Stephen Scheeler, former Australia and New Zealand chief executive officer at Facebook Inc., discusses Australia’s planned law that would force tech companies, like Google Inc. and Facebook, to pay Australian publishers for...
Bloomberg
Crown Resorts Rises After Bids From Blackstone, Star
May.09 -- A bidding war has erupted for Crown Resorts Ltd. With rival casino operator Star Entertainment Group Ltd. proposing an all-stock merger and Blackstone Group Inc. sweetening its cash takeover bid. Bloomberg’s Paul Allen reports...
Bloomberg
Australian Prime Minister Morrison Set to Reshuffle Cabinet
Mar.24 -- Australian Prime Minister Scott Morrison is expected to announce a cabinet reshuffle as soon as this weekend, potentially removing two ministers who are at the center of rape allegations. Bloomberg’s Paul Allen reports on...
Bloomberg
Japan’s 2020 Stock Winners and Losers
Dec.29 -- What have been the key drivers for Japanese stocks this year? Bloomberg’s Kurt Schussler reports on “Bloomberg Daybreak: Asia.”
Bloomberg
U.S. Senate Blocks $2,000 Aid Checks
Dec.29 -- Hopes for higher $2,000 relief checks for American households did stumble in the Senate. Majority Leader Mitch McConnell blocked attempts by Democrats to force a quick action on the bill the House had passed earlier....
Bloomberg
WHO, CDC Recognize Risk of Virus Aerosols
May.16 -- Health authorities are starting to accept something that’s been argued by many researchers for more than a year: the Coronavirus can spread through the air. The World Health Organization and the U.S. Centers for Disease Control...
Bloomberg
Morgan Stanley's Tan on Asia Economic Weekahead
Deyi Tan, Morgan Stanley Asia Economist, discusses Asia's economic weekahead with Shery Ahn & Paul Allen on "Bloomberg Daybreak: Asia".
Bloomberg
Crypto Bulls Charge Back
We are seeing a little bit of pressure for crypto in Asia, but nothing compared to what we've seen in the last few weeks. The bulls appear to be charging back, encouraging buying and flagging the next rally. Su Keenan reports on...
Bloomberg
New Zealand Central Bank Probing Data Breach
Jan.10 -- The Reserve Bank of New Zealand says it’s investigating an illegal breach of a third-party file sharing service used to share and store some sensitive information. Paul Allen reports on "Bloomberg Daybreak: Asia."
Bloomberg
Tabcorp Receives Offer From Entain for Betting Business
Feb.02 -- Australia’s largest gambling company, Tabcorp Holdings Ltd. received a non-binding offer for its wagering and media division from British bookmaker Entain Plc. Paul Allen reports on "Bloomberg Daybreak: Asia."