Five Things You Need to Know to Start Your Day: Asia:
bloomberg.com/news/newsletters/2024-03-25/five-things-you-need-to-know-to-start-your-day-asia
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| Last Updated | Mar 26 |
| Total Articles | 2 |
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Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
chicagotribune.com/2024/04/25/southwest-hiring-american/
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
Iran, Pakistan Seek to Patch Up Ties With Pledge to Boost Trade: Iran and Pakistan took steps to repair relations after deadly military strikes by the two Asian ...
bloomberg.com/news/articles/2024-04-23/iran-pakistan-seek-to-patch-up-ties-with-pledge-to-boost-trade
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FAA probes union claims Boeing retaliated against two engineers in 2022
reut.rs/3w61IsN
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Air China to Buy 100 Locally Made C919 Jets in $11 Billion Deal: Air China will buy 100 Comac C919 jets in a deal valued at $10.8 billion based on list prices ...
bloomberg.com/news/articles/2024-04-26/air-china-to-buy-100-locally-made-c919-jets-in-11-billion-deal
BOJ Governor Ueda's comments at news conference: The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation ...
reuters.com/markets/asia/boj-governor-uedas-comments-news-conference-2024-04-26/
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
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TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
Paid articlePaidQuick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
- Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.
- TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.
Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
Paid articlePaid Fresh Support: The Bloomberg Open, Asia Edition: Good morning. US House approves $95 billion in foreign aid. China is front and center of gold’s rally ...
bloomberg.com/news/newsletters/2024-04-21/fresh-support-the-bloomberg-open-asia-edition
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
China’s Putin Ties Risk Relations With EU, Top Diplomat Says: China needs to take a stand over Russia’s invasion of Ukraine and rein in its enormous trade ...
bloomberg.com/news/articles/2024-04-23/china-s-putin-ties-risk-relations-with-eu-top-diplomat-says
Singapore Plans Law to Support Gig Workers’ Retirement Needs: Singapore will introduce a new law this year that will help so-called gig-economy workers plan for ...
bloomberg.com/news/articles/2024-04-27/singapore-plans-law-to-support-gig-workers-retirement-needs
Paid articlePaid Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
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Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output: U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must ...
reuters.com/business/aerospace-defense/buttigieg-says-boeing-must-meet-faa-quality-plan-before-raising-737-max-output-2024-04-24/
Thailand Pitches to Host Formula One Race to Bolster Tourism: Thailand is staking claim to host a Formula One race, with Prime Minister Srettha Thavisin pitching ...
bloomberg.com/news/articles/2024-04-22/thailand-pitches-to-host-formula-one-race-to-bolster-tourism
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NASA astronauts, Butch Wilmore and Suni Williams, arrive in Florida for Boeing's first human spaceflight
apnews.com/article/boeing-space-capsule-starliner-astronauts-nasa-4742d2759c51d63c0d2ec9cbf93fce25
Airbus Lifts A350 Jet Output, Highlighting Edge Over Boeing: Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker ...
bloomberg.com/news/articles/2024-04-25/airbus-lifts-output-for-a350-highlighting-edge-over-rival-being
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
Acceleration: The Bloomberg Open, Asia Edition: Good morning. Tesla soars on plans to accelerate the launch of cheaper models. Companies raised a record amount ...
bloomberg.com/news/newsletters/2024-04-23/acceleration-the-bloomberg-open-asia-edition
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%: The Bank of Japan kept its interest-rate target unchanged, a month after it made its first ...
wsj.com/economy/central-banking/bank-of-japan-holds-rates-steady-expects-inflation-to-stay-around-2-76f50174
Boeing’s (BA) Credit Rating Slashed by Moody’s to to Baa3, One Step From Junk: Moody’s Ratings downgraded Boeing Co.’s credit score to one notch from junk as ...
bloomberg.com/news/articles/2024-04-24/moody-s-slashes-boeing-s-credit-rating-to-one-step-from-junk
Paid articlePaid Boeing Credit Outlook Gets Gloomier as Fitch Also Turns Negative: Fitch Ratings became the third major credit grader to turn pessimistic on Boeing Co ...
bloomberg.com/news/articles/2024-04-26/boeing-credit-outlook-gets-gloomier-as-fitch-also-turns-negative
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American Airlines Stock, Southwest Diverge. Boeing Casts Shadow Over Q1 Earnings.
investors.com/news/american-airlines-stock-southwest-airlines-stock-earnings/
Before congressional hearing: engineer accuses aircraft manufacturer Boeing of construction errors
faz.net/aktuell/wirtschaft/unternehmen/vor-kongressanhoerung-ingenieur-wirft-flugzeughersteller-boeing-baufehler-vor-19660826.html
Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing: Southwest Airlines' earnings may be dominated by its reliance on Boeing and ...
barrons.com/articles/southwest-airlines-earnings-stock-price-4f6481b2
Paid articlePaid S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Bubble Tea IPO Drains Dregs of Optimism From Hong Kong: Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading ...
bloomberg.com/news/newsletters/2024-04-23/bubble-tea-ipo-drains-dregs-of-optimism-from-hong-kong
Paid articlePaid Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
China’s edge in flying cars and an Asian tag-team in AI: The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
ft.com/content/096fef79-df19-4cf4-9502-a4154550eafc
Hermes Defies Luxury Slowdown With Sales Jump in Asia: Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a ...
bloomberg.com/news/articles/2024-04-25/hermes-defies-luxury-slowdown-with-sales-jump-in-asia
Israel-Iran tensions live news: Explosions as ‘drones downed’ over Isfahan: Tensions have soared in the Middle East more than six months into Israel’s war on ...
aljazeera.com/news/liveblog/2024/4/19/live-israel-launches-missile-attack-in-response-to-iran-assault
Boeing aims to bring flying cars to Asia by 2030: TOKYO -- U.S. aircraft manufacturer Boeing plans to enter the flying car business in Asia by 2030 ...
asia.nikkei.com/Business/Transportation/Boeing-aims-to-bring-flying-cars-to-Asia-by-2030
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Alaska Airlines May Opt To Cull Future Boeing Deliveries: Alaska Air Group is unsure how many aircraft it will receive from Boeing in 2024.
aviationweek.com/air-transport/airlines-lessors/alaska-airlines-may-opt-cull-future-boeing-deliveries
Asia is most climate disaster-impacted region, UN meteorological agency says: Asia was the world's most disaster-hit region by climate related hazards last year ...
reuters.com/world/asia-pacific/asia-is-most-climate-disaster-impacted-region-un-meteorological-agency-says-2024-04-23/
Unstable nuclear-waste dams threaten fertile Central Asia heartland: Dams holding vast amounts of uranium mine tailings above the fertile Fergana valley in ...
reuters.com/world/asia-pacific/unstable-nuclear-waste-dams-threaten-fertile-central-asia-heartland-2024-04-23/
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
Hedge Funds Sound Alarm Over Default of China Education Firm XJ, Previously Hope: Hedge funds and other international investors are sounding alarms after a ...
bloomberg.com/news/articles/2024-04-18/hedge-funds-cry-foul-over-chinese-education-firm-s-default
Paid articlePaid South Korea’s Economy Posts Stronger-Than-Expected Growth: Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption ...
wsj.com/economy/south-koreas-economy-posts-stronger-than-expected-growth-1b965cab
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures: Singapore’s central bank said growth could be driven by the global electronics ...
wsj.com/economy/singapore-economy-likely-to-strengthen-this-year-but-faces-long-term-pressures-2f77cc89
What Was Your First Job Like? Advice For Graduating Students In US: As college graduation season nears, millions of students are preparing to enter the workforce ...
bloomberg.com/news/articles/2024-04-24/what-was-your-first-job-like-advice-for-graduating-students-in-us
Paid articlePaid Sri Lanka approves IMF-backed law to seize proceeds of crime: Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state ...
reuters.com/world/asia-pacific/sri-lanka-approves-imf-backed-law-seize-proceeds-of-crime-2024-04-26/
Boeing’s Revival Roadmap Put to Test by Dwindling Time and Cash: Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise ...
trib.al/BuwYdMY
Going Strong: The Bloomberg Open, Asia Edition: Good morning. Netflix crushed its earnings but the second quarter may not be as rosy. China will be the top ...
bloomberg.com/news/newsletters/2024-04-18/going-strong-the-bloomberg-open-asia-edition
Paid articlePaid China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
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'Drag Race' winner Nymphia Wind wants Asian kids to see hope in her victory: In her exclusive first interview after winning 'RuPaul's Drag Race ...
ew.com/rupauls-drag-race-winner-nymphia-wind-exclusive-interview-8636500
Japan and India to be next AI hotspots: Vinod Khosla: PALO ALTO, California -- Artificial intelligence innovations are diverse, and related business ...
asia.nikkei.com/Business/Technology/Japan-and-India-to-be-next-AI-hotspots-Vinod-Khosla
China's EV strategy of going small and cheap to pay big dividends in Asia: Russell
reuters.com/world/china/chinas-ev-strategy-going-small-cheap-pay-big-dividends-asia-russell-2024-04-23/
Thai PM asks top banks to lower interest rates to help economy: Thailand's Prime Minister Srettha Thavisin on Tuesday said he had asked the country's four ...
reuters.com/markets/asia/thai-pm-asks-banks-top-lower-interest-rates-help-economy-2024-04-23/
Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Chinese firms are expanding in South-East Asia: This new business diaspora is younger, better-educated and ambitious
economist.com/asia/2024/04/25/chinese-firms-are-expanding-in-south-east-asia
Paid articlePaid Standard Chartered Offers 10% Deposit Rate in Hong Kong to Draw China Cash: Standard Chartered Plc is offering short-term deposit rates of as high as 10% as the ...
bloomberg.com/news/articles/2024-04-19/stanchart-dangles-10-deposit-rate-in-hk-to-draw-china-cash
China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...
bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Hamad International in Doha named world’s best airport, Changi falls to second: Changi Airport was named the best airport in Asia and best in the world for its ...
straitstimes.com/singapore/hamad-international-in-doha-named-world-s-best-airport-changi-falls-to-second
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
China’s Growing Plastics Dominance Is Squeezing Out Asian Rivals: China’s rapidly expanding petrochemicals industry is making life increasingly difficult for ...
bloomberg.com/news/articles/2024-04-16/china-s-growing-plastics-dominance-is-squeezing-out-asian-rivals
Paid articlePaid Orsted says Taiwan wind project to power TSMC on track for 2025 finish: Denmark's Orsted , the world's biggest offshore wind farm developer, said on Wednesday a ...
reuters.com/business/energy/orsted-says-taiwan-wind-project-power-tsmc-track-2025-finish-2024-04-24/
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81
Boeing buys GKN factory in Hazelwood, saving 550 jobs: Boeing’s deal for GKN Aerospace’s Hazelwood plant comes at a crucial moment for the defense contractor and ...
stltoday.com/news/local/business/boeing-buys-gkn-factory-in-hazelwood-saving-550-jobs/article_536ed6de-01b4-11ef-af1b-ffbd0896f85c.html
Singapore's Temasek and BlackRock venture closes $1.4bn climate fund: SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and ...
asia.nikkei.com/Spotlight/Environment/Climate-Change/Singapore-s-Temasek-and-BlackRock-venture-closes-1.4bn-climate-fund
China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives: China is moving to curb “snowball” derivatives after brokers hiked returns to near-record levels ...
bloomberg.com/news/articles/2024-04-24/china-tells-brokers-to-limit-exposure-to-snowball-derivatives
United Airlines Stock Rises as Profit Forecast Tempers Boeing Concerns (UAL, BA): United Airlines Holdings Inc.’s shares rose after the carrier forecast ...
bloomberg.com/news/articles/2024-04-16/united-airlines-cuts-2024-aircraft-plan-amid-growth-challenges
Paid articlePaidQuick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
Thailand, Kazakhstan Agree on Visa Waiver Pact to Boost Tourism: Thailand will sign a permanent bilateral visa waiver agreement with Kazakhstan next week ...
bloomberg.com/news/articles/2024-04-18/thailand-kazakhstan-agree-on-visa-waiver-pact-to-boost-tourism
As Measles Spreads Through U.S., Cases In Europe And Central Asia Surge: Alarming measles outbreaks in U.S., Europe And Asia tied to growing vaccine hesitancy ...
forbes.com/sites/joshuacohen/2024/04/14/alarming-measles-outbreaks-surge-across-europe-and-central-asia/
Quick Glance: Measles Resurgence: Key Updates for Your Practice
- Measles have returned to the US, primarily due to declining vaccination rates and increased international travel.
- The disease is highly contagious, affecting areas with low vaccination coverage, even in states with high rates.
- Vaccination rates among kindergarteners have decreased, raising concerns about increased susceptibility to outbreaks.
- Emphasis is placed on combating misinformation about vaccines and improving public understanding of the severe risks posed by measles compared to the minimal risks of vaccination.
Morning Bid: Risk asset resilience, Indonesia's rate call: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-23/
🔊 Beleaguered Boeing faces tough investor questions as it reports results. Listen to @davidshepardson with insights on the planemaker's turbulent first quarter
reut.rs/4d9SrAB
Boeing expects slower increase in 787 production rate and deliveries, memo says: Boeing expects a slower increase in the production rate and deliveries of its ...
reuters.com/business/aerospace-defense/boeing-expects-slower-increase-787-rate-production-deliveries-memo-2024-04-22/
Embraer (ERJ) Emerges as Brazil’s Best Stock on Orders Flow: Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in ...
bloomberg.com/news/articles/2024-04-17/jet-maker-embraer-emerges-as-brazil-s-best-stock-on-orders-flow
Paid articlePaid South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
UK Foreign Secretary’s Visit to Central Asia and Mongolia: An Urgent To-Do List
thediplomat.com/2024/04/uk-foreign-secretarys-visit-to-central-asia-and-mongolia-an-urgent-to-do-list/
Singapore loses shine as Southeast Asia base for multinationals: SINGAPORE -- Multinational corporations are increasingly locating some Southeast Asian ...
asia.nikkei.com/Business/Business-trends/Singapore-loses-shine-as-Southeast-Asia-base-for-multinationals
Paid articlePaid Boeing Earnings: Planemaker Is Burning Through Its Cash. That’s Good.: The planemaker is finally willing to spend what it takes to fix its supply chain and ...
bloomberg.com/opinion/articles/2024-04-24/boeing-earnings-planemaker-is-burning-through-its-cash-that-s-good
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Delta Airlines Boeing Jet Makes Emergency Return After Slide Falls Off Plane: The plane was about an hour on its way to Los Angeles when it was forced to turn ...
thedailybeast.com/delta-airlines-boeing-jet-makes-emergency-return-after-slide-falls-off-plane
Philippines-China Tensions Hitting Peso, Central Bank Chief Says: Tensions between the Philippines and China over competing maritime claims have added to ...
bloomberg.com/news/articles/2024-04-16/philippines-china-tensions-hitting-peso-central-bank-chief-says
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