UBS Analyst Who Took On Evergrande Now Bullish on China Property
When it comes to Chinese real estate, John Lam is a lone wolf.
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When it comes to Chinese real estate, John Lam is a lone wolf.
Analysts upgraded their forecast for China’s growth this year after a better-than-expected performance in the first quarter — but they see more signs that the world’s second-biggest economy will struggle to escape from deflationary pressures.
A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
Whirlpool Corp., the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand.
Chicago Bears officials alongside Mayor Brandon Johnson unveiled plans for a $4.7 billion project to build a publicly owned, enclosed stadium and enhanced lakefront area.
Aug 19, 2019
Bloomberg News
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Twitter and Facebook on Monday said China used fake accounts to undermine the Hong Kong protest movement. Both companies concluded the accounts were part of a coordinated state-backed operation, and removed them from the platforms.
Here are today’s top stories
U.S. stocks rallied after the Trump administration signaled progress on trade negotiations and speculation grew that major central banks will keep shoring up their economies.
Leaders at some of the world’s largest companies said they plan to abandon the long-held view that shareholders’ interests should come first amid growing public discontent over income inequality and the burgeoning cost of health care and higher education.
Britain is headed towards a no-deal Brexit. To prepare the public, Boris Johnson's government is planning a publicity blitz.
President Donald Trump continued his assault on the Federal Reserve, urging it to cut interest rates by a full percentage point.
U.S. wireless carriers have long said they may slow video traffic on their networks to avoid congestion. But new research shows the throttling happens pretty much everywhere all the time.
"Deepfakes," or synthetic media manipulations aided by AI, have historically been terrifying. Now investors are turning the technology into an app.
What’s Luke Kawa thinking about? The Bloomberg cross asset reporter is wondering whether Germany's commitment to boost deficit spending if the economy tanks is as good of news as the market thinks it is.
What you’ll need to know tomorrow
What you’ll want to read tonight in Pursuits
Porsche's Nazi Car Stalls in Auction BlunderDuring Saturday night’s highly charged standing-room only auction in downtown Monterey, California, auctioneers at RM Sotheby’s premier sale dimmed the lights and showed a promotional video for the much-anticipated sale of the 1939 Type 64. The controversial silver coupe had been expected to sell for some $20 million, but the video rocked the audience. In the end, the car didn't sell at all.
To contact the author of this story: Josh Petri in Portland at jpetri4@bloomberg.net
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