Trade Relief Short-Lived, Uncertainty Remains
Michael Taylor, Chief Credit Officer for the Asia-Pacific Region, Moody's Investment Service
0:33 - The temporary truce and resumption of trade talks between the US and China have been well received by global investors, with markets from Asia to the US reacted positively. However Moody's Investors Service said that while this would “partially relieve recent negative sentiment in the financial markets”, restarting trade talks “does not fundamentally change their outlook for the global economy.” We speak to Michael Taylor for more insight.
7:55 - Yesterday on the 22nd anniversary of Hong Kong's handover to China, protesters in Hong Kong stormed the Legislative Council and occupied the building for hours before authorities dispersed the crowds with tear-gas. We discuss the reasons behind the frustration.
Presented by: Lyn Mak, Sharidz Abdullah, Julian Ng