Jill Disis

Hong Kong

Asia Editor at CNN Business

Editor at Bloomberg News

editor @business

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Articles

Asia Markets in Focus After China and US Trade Talks: Live News and Updates

3 days ago | bloomberg.com | Jill Disis |Danny Lee |Rebecca Choong Wilkins |April Ma

As we wait to see what “substantial” means, analysis from Bloomberg Economics shows that even a big drop in tariffs from their current sky-high levels would still leave a big hole in bilateral trade. The US-China trade war in Trump’s first term -- when multiple rounds of talks were required to reach a deal -- is a reason to temper expectations.
Pakistan Says It Has Shot Down Five Indian Planes

1 week ago | flipboard.com | Jill Disis

6 hours agoApple’s next iPhone software update, unless there’s an unexpected bug-squishing minor release, will be iOS 18.5, likely one of the last releases before iOS 19, due this fall. And the exact release date has just become much easier to pinpoint, thanks to Apple. That’s because in the last few minutes, …
Trump Tariffs Live News: Latest Stock Market Moves as US Duties Go Into Effect

1 month ago | bloomberg.com | Clara Ferreira Marques |Katia Dmitrieva |Jill Disis |Andrew Dunn

Oil has had a painful start to Wednesday, extending a decline that’s now pushed prices to the lowest levels since early 2021. Fears of a global recession, and particularly concerns over the impact of tariffs on demand in some of the world’s top-consuming nations, have pushed the global Brent benchmark down toward $60 a barrel. West Texas Intermediate is sliding for a fifth day.
Trump Tariffs Live News: Stock Market Reacts to Levies on Canada, Mexico, China - Bloomberg

2 months ago | bloomberg.com | Katia Dmitrieva |Emma Ross-Thomas |Josh Xiao |Jill Disis |Rohit Pathak

Trump Tariffs Live News: Stock Market Reacts to Levies on Canada, Mexico, China
How China’s Economy Is Failing to Recover and Why It Matters

Mar 8, 2024 | bloomberg.com | Jill Disis

China’s leadership is aiming for economic growth of around 5% this year. That’s a pretty ambitious goal given the confluence of problems facing the world’s second-largest economy: sluggish consumer spending, a shaky property market, a multi-trillion dollar stock rout, a US drive to curb its big tech ambitions, record youth unemployment and towering local government debt. The impact of these strains has been felt around the globe on everything from commodity prices to equity markets.
Chinese Travelers Splurge in Year of the Dragon

Feb 15, 2024 | bloomberg.com | Malcolm Scott |Jill Disis

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets "under surveillance". Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.
China’s Market Turmoil Adds to Headaches for President Xi Jinping

Feb 5, 2024 | bloomberg.com | Jill Disis

Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. A $7 trillion stock rout. The worst deflation in decades. Mounting geopolitical threats.
China’s consumer price drop worsens, fuelling deflation fears

Dec 9, 2023 | afr.com | Jill Disis |Yujing Liu

Deflation is dangerous for China because it can lead to a downward spiral of economic activity. Consumers may hold off purchases on expectations prices will keep falling, further weighing on overall consumption. Businesses might lower production and investment due to uncertain future demand. Deflation can also make monetary policies to stimulate the economy less effective, as declining prices lower corporate income and make it more difficult for companies to service their debt.
Hong Kong Holds Rate as Fed Signals End to Tightening Cycle

Nov 1, 2023 | bnnbloomberg.ca | Jill Disis

(Bloomberg) -- The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday after the US Federal Reserve held its own interest rate, potentially ending its aggressive tightening cycle. Hong Kong’s borrowing costs have spiked in the last two years as the Fed raised rates to combat inflation. The city’s base rate moves in lockstep with the Fed, given the local currency’s peg to the greenback.
Hong Kong Holds Key Interest Rate As Fed Signals End to Tightening Cycle

Nov 1, 2023 | bloomberg.com | Jill Disis

The Hong Kong Monetary Authority maintainedBloomberg Terminal its base rate at 5.75% on Thursday after the US Federal Reserve held its own interest rate, potentially ending its aggressive tightening cycle. Hong Kong’s borrowing costs have spiked in the last two years as the Fed raised rates to combat inflation. The city’s base rate moves in lockstep with the Fed, given the local currency’s peg to the greenback.