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Search resuls for: "Stella Soon"


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☆ China is slowing 'permanently' and the rest of Asia needs to adjust to the new norm, says ANZ
  + stars: | 2019-12-13 | by ( Stella Soon | ) www.cnbc.com   time to read: +1 min
That means increasing domestic demand, and that means getting domestic financial systems right," Yetsenga told CNBC on Thursday. The Chinese flag floats before the skyscrapers of multinational corporations on February 23, 2018 in Shanghai, China. "I think we all need to accept that China is slowing structurally — we use the word 'structural' and really, we mean 'permanently,'" he said. "My expectation is, we say goodbye to (6% growth), it's very unlikely we ever get back to (6% growth). I think this is a permanent slowdown in China," said Yetsenga.
☆ Here's how the US-North Korea nuclear crisis could unfold before year-end
  + stars: | 2019-12-11 | by ( Stella Soon | ) www.cnbc.com   time to read: +2 min
U.S. President Donald Trump and North Korean leader Kim Jong Un smile during a meeting at the second U.S.-North Korea summit in Hanoi on Feb. 28, 2019. North Korean state media claimed Saturday that they had conducted a "very important" test at a rocket-testing site — the Sohae Satellite Launching Ground — that Pyongyang promised to dismantle after the first Trump-Kim summit in June 2018. In response, U.S. President Donald Trump said on Twitter that North Korean leader Kim Jong Un risks losing "everything" if he acts in a hostile manner. To that, North Korean state media on Monday called Trump an "old man bereft of patience" and "heedless and erratic." Trump tweet: Kim Jong Un is too smart and has far too much to lose, everything actually, if he acts in a hostile way.
☆ JP Morgan says stocks in South Korea and India could 'surprise' investors in 2020
  + stars: | 2019-11-28 | by ( Stella Soon | ) www.cnbc.com   time to read: +1 min
J.P. Morgan has an optimistic outlook on Asian stocks, with South Korea and India positioned to perform particularly well going into 2020. Year end, however, we're looking at 700," J.P. Morgan's head of Asia ex-Japan equity research, James Sullivan, said Monday. Still, J.P. Morgan said its 2020 year-end target for the index — which tracks large and mid-cap stocks across Asian markets, including China, Korea, and India — is roughly 8% above current levels. But stocks in Asia could benefit as global tech demand recovers and companies resume investments. Korean and Indian equities, in particular, could benefit from these trends and "surprise" investors, Sullivan said.
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