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Search resuls for: "David Mann"


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Edwin Tong, Singapore's culture minister, told local outlet Mothership on February 28 that the amount of grant given "is not what is being speculated online." As Tong, the Singapore culture minister, told Mothership, the city-state is looking "beyond just the economic impact" of Swiftonimics. Economists estimate that Swift's concerts in Singapore could contribute up to 500 million Singapore dollars, or $372 million, in tourist receipts. AdvertisementIt's a different story for spending on experiences — and it's heightened because Singapore is Swift's only stop in Southeast Asia. Mann said the people who have money to pay for flight tickets, Swift's concert tickets, and a hotel are likely to keep spending at other tourist spots.
Persons: , Taylor Swift, Srettha, Edwin Tong, Swift, it's, Yun Liu, Tong, Kevin Cheong, David Mann, Mann, Coldplay, Si Ying Toh, Cheong, Joey Salceda, Sandiaga Salahuddin Uno Organizations: Service, Business, HSBC, Asia Pacific, Mastercard, Nomura, Philippine Star, Bloomberg, Vegas Locations: Singapore, Southeast Asia, British, Thailand, Bangkok, Indonesia, Sands
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMastercard expects rate-cutting cycle to begin in the second quarterDavid Mann of Mastercard discusses the key factors that will be "driving the exact timing of it."
Persons: David Mann Organizations: Mastercard
ETF Action's Mike Akins sees challenges tied to the country's ability to generate stock market returns. Fool me twice, shame on me," the firm's founding partner told CNBC's ETF Edge this week. The stock market went nowhere. According to Atkins, emerging market ex-China products are among the largest inflows ETF Action is seeing. Or is it really a growth story in the economy alone and not in the actual return of the stock market?"
Persons: Mike Akins, You've, It's, Atkins, Franklin Templeton, David Mann, hesitancy, Mann Organizations: Edge, Franklin Templeton Investments, Investors Locations: China
Investors are increasingly looking to emerging market exchange-traded funds for growth at a reasonable price. David Mann, head of capital markets at Franklin Templeton, named India as one of the most popular countries with ETF investors in the past year. "[It] has been one of the emerging market standouts thus far, so India has been a great story." The firm's Franklin FTSE India ETF (FLIN) has risen 18.19% in the past year, as of Tuesday's close. As of Tuesday's close, the firm's Franklin FTSE Japan ETF (FLJP) gained 12.58% in the past year.
Persons: David Mann, Franklin Templeton, CNBC's, Mike Akins, Akins, Franklin Templeton's Mann, Action's Akins Organizations: Franklin, Franklin FTSE, Reliance Industries, HDFC Bank, Infosys, Toyota Motor, Sony Group, Mitsubishi UFJ Locations: India, Franklin, Franklin FTSE India, Japan, U.S, Franklin FTSE Japan
Up & Over-seas: India & Japan
  + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUp & Over-seas: India & JapanDavid Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss why investors are flocking to Japanese and India investments.
Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani Organizations: Global, Product, Markets, Franklin Locations: India
ETF Edge, January 22, 2024
  + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge, January 22, 2024David Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss investing overseas and take a look at the flows in bitcoin ETFs.
Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani Organizations: Global, Product, Markets, Franklin
Perspective: spot bitcoin uptake
  + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPerspective: spot bitcoin uptakeDavid Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss Franklin Templeton's new spot bitcoin ETF and action the new ETFs are seeing.
Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani, Franklin Organizations: Global, Product, Markets, Franklin
China is facing a demographic problem and needs to boost its productivity for growth, said David Mann, chief economist for Asia-Pacific, Middle East and Africa at the Mastercard Economics Institute. "You need to see the productivity side pickup exactly because of the demographic challenge," he told CNBC's "Squawk Box Asia" on Monday. "Now, you need the productivity," he said, underlining Beijing has to make sure "capital is channeled" in a way that boosts productivity. China ended its Covid-19 controls in December and the initial economic rebound has lost steam. The 6.3% economic growth in the second quarter marked a 0.8% pace of growth from the first quarter, slower than the 2.2% quarter-on-quarter pace recorded in the first three months of the year.
Persons: David Mann, CNBC's Organizations: Mastercard, Institute Locations: China, Asia, Middle East, Africa, Beijing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMastercard economist discusses the 'extra challenge' China's economy is facingDavid Mann, chief economist for Asia-Pacific, Middle East and Africa at the Mastercard Economics Institute, discusses the demographic problems that China is facing and the "extra challenge" of boosting productivity and productive investments.
Persons: David Mann Organizations: Mastercard, Mastercard Economics Institute Locations: Asia, Middle East, Africa, China
May 22 (Reuters) - India's Prime Minister Narendra Modi and United States Secretary of State Antony Blinken have arrived in Papua New Guinea ahead of meetings with Pacific Island leaders to discuss trade, climate change and regional security on Monday. Modi, who was met at the airport on Sunday evening by PNG Prime Minister James Marape, will hold a bilateral meeting on Monday morning, before hosting a regional summit with 14 Pacific Island leaders. Blinken is expected to sign a Defence Cooperation Agreement between the United States and PNG, and also hold a Pacific Island leaders meeting in the afternoon. Solomon Islands Prime Minister Manasseh Sogavare, Samoa Prime Minister Fiame Naomi Mataafa, Vanuatu Prime Minister Alatoi Ishmael Kalsakau, and New Caledonia President Louis Mapou were among the Pacific island leaders to arrive on Sunday. New Zealand Prime Minister Chris Hipkins and Australia's Pacific Minister Pat Conroy will also join the meetings.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's plenty of room for outbound tourist spending from China, Mastercard saysDavid Mann of the Mastercard Economics Institute says China's domestic travel volumes, on the other hand, are almost back to pre-pandemic levels.
Hotel rates are at an "all-time high," Alan Watts, Hilton's Asia-Pacific president, told "Squawk Box Asia" on Thursday. In parts of Asia Pacific, hotel rates are climbing even higher. Rates in Asia are skyrocketingThe travel boom in Asia Pacific has been "phenomenal," said Watts. Average hotel rates across Southeast Asia have gone up more than 10% since 2022, according to data from the travel booking company Traveloka. Ctrip, the leading travel booking website in China, also told CNBC that average hotel booking prices in Bangkok jumped by around 70% in late January.
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Africa at the Mastercard Economics Institute. Central banks around the world have been hiking interest rates as recently as November in response to high inflation. The Fed will hold its December policy meeting this week, where it is expected to hike interest rates by 50 basis points. But he warned that it would be risky if central banks end up hiking rates more than they need to. It would be a "serious scenario" if central banks "end up going slightly too far and then need to reverse relatively quickly," he added.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation has peaked but will remain above pre-pandemic levels in 2023, Mastercard saysDavid Mann of the Mastercard Economics Institute says it'll take a few years to "go back down in the direction of where we were back in 2019."
Harry Potter actor Robbie Coltrane dies aged 72
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +3 min
Actor Robbie Coltrane talks during a media preview of The Wizarding World of Harry Potter-Diagon Alley at the Universal Orlando Resort in Orlando, Florida June 19, 2014. REUTERS/David Manning/FilesLONDON, Oct 14 (Reuters) - Robbie Coltrane, the larger-than-life Scottish actor who played Hagrid in the Harry Potter films, died on Friday at the age of 72, his agent said. Harry Potter author J.K. Rowling led the tributes on Twitter, writing: "I'll never know anyone remotely like Robbie again. "Robbie Coltrane, Scottish entertainment legend - you will be hugely missed," she wrote. British actor and broadcaster Stephen Fry - who narrated the British version of the Harry Potter audio books - wrote that he had met Coltrane almost exactly 40 years ago.
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