Balazs Penz
Bloomberg Asia News Desk editor. Views are my own, retweets aren't endorsements.
Articles
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2 weeks ago |
bloomberg.com | Mayumi Negishi |Abhishek Vishnoi |Balazs Penz |Philip Glamann
Speaking of Vietnam, one Japanese electronics maker -- pocket translation device maker Sourcenext -- is building a new production base there, despite US plans for a 46% tariff on goods from the country, to lower its reliance on China. Note also that company had the foresight to stockpile a year’s worth of inventory in the US. Here’s Eddy Duan’s story about the reasoning behind Sourcenext’s decision.
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2 months ago |
news.bloombergtax.com | Ritsuko Ando |Balazs Penz
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2 months ago |
bloomberg.com | Ritsuko Ando |Balazs Penz
For Chinese investors, it wasn’t quite an auspicious start to the year of the snake. Initially it appeared that the mainland market may join the rest of Asia in rallying upon its return from the holidays, taking tit-for-tat tariff hikes between the US and China in stride. But the shares soon sank after the US Postal Service said it’s halting all inbound packages from China and Hong Kong — a move that highlighted the risks of an escalating trade war.
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2 months ago |
news.bloomberglaw.com | Ritsuko Ando |Balazs Penz
For Chinese investors, it wasn’t quite an auspicious start to the year of the snake. Initially it appeared that the mainland market may join the rest of Asia in rallying upon its return from the holidays, taking tit-for-tat tariff hikes between the US and China in stride. But the shares soon sank after the US Postal Service said it’s halting all inbound packages from China and Hong Kong — a move that highlighted the risks of an escalating trade war.
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Jan 16, 2025 |
bloomberg.com | Balazs Penz |Ritsuko Ando
TSMC’s outlook for 2025 surpassed market estimates in all key metrics, alleviating fears of a slowdown in AI spending. The main chipmaker to Apple and Nvidia forecast spending of up to 19% more than analysts anticipated, sending shares in TSMC suppliers including Tokyo Electron and Advantest spiking in Asia. Yet caution may still be warranted given growing tensions around US-China trade relations that threaten to disrupt supply chains around the world.
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RT @gssullivan: The nations with the worst Covid-19 death rates right now are all in eastern Europe https://t.co/YwcNzsczLu via @bpolitics
Firms from Ikea to a Michelin star restaurant have signed up for a campaign in defense of same-sex parenthood in #Hungary, bringing unexpected resistance to Orban’s anti-LGBTQ crackdown. https://t.co/MiwAeGtt3s via @bpolitics