About this episode
The charm offensive ends. The Hong Kong Exchange drops its 39 billion dollar bid for the LSE, admitting it failed to convince the London bourse of its ‘strategically compelling’ vision. Asian stocks rise ahead of U.S.-China trade talks later this week, even as Washington blacklists more Chinese firms ahead of a new flashpoint between the two countries after an NBA official sends a tweet in support of the Hong Kong protesters, which is met with a cold response in China. In tech, Samsung beats estimates despite signaling a 56 percent fall in third-quarter profit, while guidance suggests a turnaround is on the way for memory chip prices. And further job cuts for Thyssenkrupp as it is set to reveal a restructuring plan with new CEO Martina Merz presenting her proposals at a leadership meeting today. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .