Asian Policymakers Confront Iran War Fallout | The China Show 4/24/2022
Speakers
David Ingles
— Anchor, Bloomberg
David Savage
— Editor, The Block
Summary
The video covers the Iran war's impact on oil prices and Asian central banks, including a Philippine rate hike and Japanese yen intervention warnings. It also features interviews at the Beijing Auto Show with Hyundai, FAW, and Seres executives discussing localization, price wars, and technology. Finally, BlackRock's iShares head discusses ETF adoption trends in Asia.
- Crude oil stays above $100 as Iran conflict shows no de-escalation.
- Philippine central bank hikes rates and signals more to come to curb inflation.
- Japanese finance minister warns of potential yen intervention in coordination with US.
- Philly Semiconductor Index posts record 17-day winning streak.
- Beijing Auto Show highlights shift to EVs and AI-driven features.
- Hyundai targets 500,000 China sales by 2023 with localization strategy.
- Seres Group shows pricing power with new M9 model despite industry price war.
- BlackRock notes growing ETF sophistication in Asia for tactical and fixed income use.
