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المشاركات المكتوبة بواسطة Carmella Barraclough

Reserve Bank nervous about rate hike lag

Reserve Bank nervous about rate hike lag

By Eva Mathews and Savyata Mishra Oct 17 (Reuters) - Netflix Inc's subscriber growth forecast will be in focus when it reports third-quarter results on Tuesday, with the streaming pioneer set to launch an ad-supported plan to better compete with rivals such as Disney+ and HBO Max.

Last week, Netflix said it would launch the plan in November at $6.99 a month, much before its previous estimate of early 2023 and Disney+'s December rollout. Analysts have said the long-resisted move will boost growth at a time when the market for connected TV advertising is booming.

BEIJING, Sept 6 (Reuters) - China will further open its capital markets to foreign investors, high level math the country's top securities regulator said on Monday, adding that it will pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies.

FUNDAMENTALS * Analysts estimate Netflix's third-quarter revenue to grow 4.8% to $7.84 billion when it reports results on Oct.

18 * Earnings per share is estimated at $2.13 - Refinitiv * The stock has lost about 59% of its value this year, but is up 14% since the company reported second-quarter earnings WALL STREET SENTIMENT * 13 of 43 analysts rate the stock "buy" or higher, while 24 have a "hold" rating and six rate it "sell" or lower * The median price target is $240; at the start of 2022, price target on stock was $673.36 * Netflix trading at $245.04 QUARTER ENDING REFINITIV IBES ACTUAL BEAT, MET, ESTIMATE MISSED Jun 30 2022 2.94 3.20 Beat Mar 31 2022 2.89 3.53 Beat Dec 31 2021 0.82 1.33 Beat Sep 30 2021 2.56 3.19 Beat Jun 30 2021 3.16 2.97 Missed Mar 31 2021 2.97 3.75 Beat Dec 31 2020 1.39 1.19 Missed Sep 30 2020 2.14 1.74 Missed (Reporting by Eva Mathews and Savyata Mishra in Bengaluru; Editing by Shounak Dasgupta) "This could prove to be the final nail in the coffin for these players." Netflix could generate net U.S/Canada ad revenue of $1.7 billion and international net ad revenue of $1 billion in 2025, according to brokerage MoffettNathanson.

but not why it's been so sudden and harsh," said 44-year-old Josti, a former elementary school teacher who switched to full-time online tutorin "I understand wanting to take pressure off parents...

China is studying further measures, including expanding the scope of the stock connect scheme linking China and Hong Kong and improving the Shanghai-London Stock Connect program, Yi said in a speech posted on CSRC's website.

The company behind hits such as "Squid Game" and "The Crown" lost more than 1 million customers in the first half of 2022. Analysts, polled by Refinitiv, expect Netflix to add a little more than 1 million subscribers in the third quarter. "This (advertisements) is a significant move that takes Netflix in direct competition with free-to-air broadcasters around the world," PP Foresight analyst Paolo Pescatore said.

THE CONTEXT Netflix has increased prices for its plans and has also been cracking down on password sharing, while focusing on its mobile gaming efforts to maintain growth. "As the most-scaled player in the industry, we expect Netflix to garner strong demand from advertisers seeking the service's reach and younger demographics," brokerage UBS Equities said.

The reforms appear to be part of broader measures to control what is learnt in the classroom, coming after China last year banned foreign teaching materials and ordered the president's political ideology, Xi Jinping Thought, to be taught in al

Foreign language teaching firms had long tapped into a vast demand for English in China, where armies of parents are eager to get their kids ahead in a cut-throat education system in which a single exam can determine a life's t

Global financial centres should facilitate cross-border financing, "rather than become the platforms and tools governments use to sanction other countries", Yi said, without mentioning the United States.

China will expand the channels for foreign capital to invest in Chinese securities and futures markets, and will further facilitate the issuance of yuan-denominated "Panda bonds" by foreign institutions, Fang told a separate conference on Sunday.

The rules -- which also forced tutoring platforms to turn their businesses non-profit and barred some classes during weekends and holidays -- are framed by Beijing as necessary to alleviate stress on overworked students and reduce educat

"Opening-up and cooperation is the inevitable trend in the integrated development of global capital markets," China Securities Regulatory Commission (CSRC) Chairman Yi Huiman told a conference organised by the World Federation of Exchanges.

'It's, like, known that her husband has cheated on her and they're filing for divorce,' she said, adding that when the couple officially confirms their separation, it will not come as a surprise to anyone.

While Jim Chalmers said it was too early to tell how much damage the floods would do to the federal budget and the economy more broadly, he said the disaster would be factored into the budget's inflation projections.

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