Risk of No-Deal Brexit Is at All-Time High, Says Aviva Investors

Jun.03 — “People should be very concerned,” says Peter Fitzgerald, chief investment officer of multi-assets and macro at Aviva Investors. “The risks of a no-deal Brexit are probably higher now than they have been at any other point,” he says on “Bloomberg Markets: European Open.”

Carrie Lam: Opposition to national security law is unsubstantiated

The specific details of the National Security Legislation for China’s Hong Kong Special Administrative Region (HKSAR) have yet to be fleshed out, but there is already public outcry and international reaction against it. Is opposition to the new law justified or is it an overreaction? In an exclusive interview with CGTN, Carrie Lam, chief executive … Read more Carrie Lam: Opposition to national security law is unsubstantiated

How much money does the world owe China? | Counting the Cost

China has been rapidly rolling out its Belt and Road Initiative to build new roads, ports and rail lines in mostly developing nations, extending the country’s reach across continents. China says the infrastructure will benefit countries while critics say China is extending unfair influence over others. Many nations have been rethinking their involvement amid accusations … Read more How much money does the world owe China? | Counting the Cost

Wall Street Week – Full Show (05/29/2020)

May.29 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with New Jersey Governor Phil Murphy (D), BlackRock Global CIO of Fixed Income Rick Rieder, NASA Administrator Jim Bridenstine, and Head of Bloomberg Economics & Wall Street Week … Read more Wall Street Week – Full Show (05/29/2020)

Markets have already priced in good news on economies reopening: Nuveen’s Malik

May.29 — Saira Malik, Nuveen CIO of Global Equities, says that investors will become increasingly worried because markets have priced in good news on economies reopening and the road back to normalcy. She says that on the long-run, it will be a quality-growth environment for equities. She joins David Westin on “Bloomberg Wall Street Week.”

Why is Tesla’s share price so high?

Tesla’s share price at the end of May is $800, which is high for a company that made a loss of $862 million in 2019 – even founder Elon Musk thought so. So what makes investors so sure that the firm will make huge amounts of money in the future? Money reporter Marianna Hunt says … Read more Why is Tesla’s share price so high?

Live: Prof. Zheng Yongnian shares his insights on China’s foreign policies

China will fully implement measures to provide relief for businesses, spur consumption and vitalize the market to counteract the impact of COVID-19 and remains a huge market for global investors. Click the link to hear Prof. Zheng Yongnian, a research professor at the East Asian Institute of the National University of Singapore, who shares his … Read more Live: Prof. Zheng Yongnian shares his insights on China’s foreign policies

Investors spooked by rising US-China tensions over Hong Kong | Finance Report

The Australian share market has fallen sharply amid a ramp up in US-China tensions after the Chinese parliament, the National People’s Congress, passed a national security law to crack down on political freedoms in Hong Kong. Read more here: https://www.abc.net.au/news/2020-05-29/dow-jones-retreats-amid-rising-us-china-tensions/12299220?section=business For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content … Read more Investors spooked by rising US-China tensions over Hong Kong | Finance Report

Security law to aid confidence in Hong Kong, business leaders say

The proposed legislation on national security for Hong Kong will boost global investors’ confidence and buttress the city’s status as an international financial center, business tycoons in Hong Kong said on Wednesday. They believed the legislation will create a more favorable business and social environment. The city’s iconic billionaire Li Ka-shing said every country is … Read more Security law to aid confidence in Hong Kong, business leaders say

Banks prop up Australian market as residential construction tumbles | Finance Report

Australian shares have closed lower, with sharp falls for healthcare and mining stocks, as investors piled into the big four banks. Meanwhile, residential construction has dipped since the start of COVID-19, with the Government considering housing grants to prop up the industry. Read more here: https://www.abc.net.au/news/2020-05-27/mining-and-health-care-drag-asx-down-despite-bank-surge/12289752?section=business For more from ABC News, click here: https://ab.co/2kxYCZY You … Read more Banks prop up Australian market as residential construction tumbles | Finance Report

Australian shares jump to 11-week high as investors hope for COVID-19 recovery | Finance Report

The Australian share market jumped to a fresh 11-week high, as investors continue to be fairly optimistic about the economic recovery from coronavirus. Consumer sentiment has rebounded, though it remains below the long-term average, and tourism stocks have seen a bump after the Treasurer signalled there could be more government assistance. Read more here: https://www.abc.net.au/news/2020-05-26/asx-11-week-high-covid19-coroanvirus-economic-recovery/12285702?section=business … Read more Australian shares jump to 11-week high as investors hope for COVID-19 recovery | Finance Report