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Bloomberg
Financial

Stephen Roach: Xi May Be Using Trump Summits to Buy Time

Stephen Roach argues Xi Jinping's willingness to engage in a series of meetings with Donald Trump may reflect concern about China's economy and a desire to buy time. Roach suggests Xi may not share the personal camaraderie Trump portrays and says Chinese officials are likely realistic about how much progress is possible with an unpredictable counterpart. He spoke with Stephen Engle on Bloomberg's Insight with Haslinda Amin.

Leia mais: Stephen Roach: Xi May Be Using Trump Summits to Buy Time
Bloomberg
Financial

Shaker: Demand in Mecca Driven by Faith not Cycles

Indonesia's sovereign investment body Danantara has completed a $533 million property acquisition in Mecca. Thakher Development announced the handing over of the title, marking the first time land at Thakher Makkah has been made available to investors from outside Saudi Arabia. Faisal Shaker, CEO of Thakher Development spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on property ownership in one of the Holy Cities in Saudi Arabia.

Leia mais: Shaker: Demand in Mecca Driven by Faith not Cycles
Bloomberg
Financial

Australia's Gender Pay Gap Could Persist for Decades

The latest report from Chief Executive Women says progress toward gender balance in corporate Australia appears to be losing momentum. The study finds that, at the current pace, it could take around six decades to reach gender parity among ASX-listed company CEOs. Only one in seven CEO appointments over the past year went to women. CEW President Helen Conway discusses what's driving the slowdown on "Bloomberg: The Asia Trade".

Leia mais: Australia's Gender Pay Gap Could Persist for Decades
Bloomberg
Financial

Alger's Crawford: There's Skittishness in the Market

Ankur Crawford, a Portfolio Manager at Alger and Former Intel Engineer, said recent market nervousness around AI including concerns tied to CoreWeave does not reflect the strength of underlying adoption and infrastructure demand. She described a striking gap between stock performance and on-the-ground fundamentals, while noting that returns from AI investment will take time and that debt, supply-chain bottlenecks, labor shortages and power constraints could slow the buildout. She speaks with Romaine Bostick on "The Close."

Leia mais: Alger's Crawford: There's Skittishness in the Market