Latest news with #MarkMatthews
CNA
03-07-2025
- Business
- CNA
CNA938 Rewind - Stock take today: Vietnam tariff deal spurs record rally on Wall Street
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with Mark Matthews, Managing Director and Head of Research Asia at Julius Baer.
Yahoo
14-06-2025
- Entertainment
- Yahoo
Insane First Lap on One of the Coolest MTB Trails in the World
Insane First Lap on One of the Coolest MTB Trails in the World originally appeared on BikeMag. Mark Matthews, a skilled trail builder, professional mountain biker, and YouTube creator, has just finished building the trail of his dreams, which means it is now time for him to take the first top-to-bottom run of this incredible trail with jumps big enough that they even cause Remy Metalier to hesitate. You don't want to miss this amazing footage as Matthews weaves through the lush Canadian forests. Documented with stunning drone footage and a host of his friends from NOBL wheels, Mark Matthews walks us through his thoughts and feelings while taking the first full run of what looks to be one of the coolest mountain bike trails in North America. Advertisement Mark has dubbed this trail 'The Mega Line', and with huge features, perfectly sculpted berms, and steep chutes, the name is certainly appropriate. Mark began building this trail in 2021 as just a one-off feature for a video segment, but as the terrain and surrounding area continued to inspire him, the trail began to grow and evolve. Matthews states, 'For now, it's done. But it's kind of an endless project, and I'm already thinking about ways to improve the line as I ride it.' Mark going big on the step up on the lower portion of the Mega LinePhoto: Mark Matthews YouTube You can watch the entire build process on Mark's YouTube channel, where he provides detailed breakdowns of each feature and offers beautiful timelapse shots of the work that goes into creating his perfect MTB trail. 'I thought I was going to take a break from digging on it, but as soon as the next rainstorm comes, I'll be right back out here digging.' Check Out More of Mark Matthews' Incredible Videos Related: Mountain Biker Chased by Drone in Intense Footage From British Columbia Related: Incredible POV Footage Showcases Helidropping Into the British Columbia Backcountry Related: Remy Metailler Crashes Trying To Keep Up With Mark Matthews This story was originally reported by BikeMag on Jun 13, 2025, where it first appeared.
Time of India
12-06-2025
- Business
- Time of India
Tariffs not going to move the needle much for Chinese or Indian markets: Mark Matthews
Mark Matthews , MD, Julius Baer , suggests that while the tariff landscape between the US, China, and India is evolving, markets appear unfazed. He notes that exports are no longer critical for either the Chinese or Indian economies. Despite trade tensions, the Chinese market is performing strongly, with Hong Kong experiencing significant growth. For the Indian market, the biggest thing will be the earnings and anything less than high single digits growth will disappoint the market as it is not particularly cheap. Help us with your take on the markets and especially how do you see Indian markets shaping up because we have been doing pretty well. Nifty is at an 8-month high. Nifty Bank is very close to all-time high levels and even the broader markets are participating. Is the worst behind us when it comes to the tariff concerns, and earnings not doing that well? Mark Matthews: Generally, the tariff news is moving from escalation to de-escalation. Most importantly, the US-China relationship is improving. But with India, there were hopes that a deal would be struck by the end of this month and I do not know how much the market has priced that in. I have not heard any news about it happening. There is obviously this big sticking point about access to the Indian market for US agriculture companies and I understand why that is sensitive for India because there are a lot of jobs that could be lost in the rural areas if you open that market to the outside world. So, I do not know. I do not think tariffs are going to move the needle that much. The biggest thing will be the earnings which you mentioned and typically in India, the earnings accelerate in the second half of the year. I am not expecting double-digit earnings for the April to June quarter, but I think that if it is anything less than high single digits, the market will be disappointed because it is not particularly cheap. You probably know it is at around 21 times price to earnings. So, we need some earnings to bring that price to earnings ratio down. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Mosquito Bracelet Is a Canadian Best-Seller Techno Info Gadget Undo What are you making of this entire US-China trade deal? You spoke about the India impact in terms of markets. But when it comes to some of these issues like tariffs or rare earth metals, where do you believe India stands, if at all, to gain from all of this? Can we expect some global delinking with China now that other countries could consolidate a better share of REM? Mark Matthews: Yes, possibly. The tariffs that the US has on Chinese imported goods were 30% until a couple of days ago. Now, they have gone up to 55%, and that is a very high number where companies can substitute from other sources, I am sure they will try. The Secretary of the Treasury, Scott Bessent, said that this is a preliminary deal and both sides are willing to continue to negotiate to get a permanent deal where the numbers are lower. I do not think 55% is the final number with China. But I do think that when all is said and done, when the dust is settled, the tariff on Indian imports into the US will be lower than Chinese ones. If I just bring that back to markets, I do not think the markets are that fussed about this because exports are not really that important for the Chinese economy anymore. As you know, they are not for India either. So, this creates a lot of noise, but I do not know at the end of the day, how much it really hurts or helps either country's GDP. The Chinese market is one of the best markets in the world so far this year. The Hong Kong market is up about 20%. Last year, it was also up about 25%. China is really back on the map and Bank of America hosted a conference last month in Shanghai where many investors from around the world went to Shanghai and many of them had not visited China since before Covid. The fact they were willing to get on an airplane and go all the way to the other side of the world shows that many people are willing to be constructive on China and view it as investable again. You Might Also Like: US importers turn to brokers to navigate Trump-era tariffs, at a cost India has 'no basis' to seek WTO consultations on auto tariffs: US
Yahoo
05-06-2025
- Business
- Yahoo
Why 'uncertain' consumers are retailers' biggest challenge
Retailers are split on how to handle tariffs: Some are raising prices, while others are absorbing the hit. National Retail Federation executive director of research Mark Mathews joins Morning Brief to explain how consumer uncertainty is shaping spending patterns and what strategies could help retailers stay competitive. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Well, retailers across the U.S. are taking different approaches to tariffs, with some raising prices for consumers and others choosing to eat the costs. Joining us now, we've got Mark Matthews, who's the National Retail Federation Executive Director of Research. Good to have you back on the program with us. How are you viewing the retail landscape right now and and the pulse that you're hearing from some of the executives in the face of some of the uncertainty that they're citing when they report earnings? Yeah, it's a great question. It's a really challenging environment right now, uh, just trying to understand what the consumer is doing and how the consumer is behaving. In January and February, we saw, uh, strong disposable income, we saw strong, uh, you know, consumer finances, but sentimentally, consumers have been weak. Uh, you know, as we all know, sentiment is is very low. Uh, and we definitely saw some fallback, fall off in spending in in January and February. Uh, however, we saw the opposite in in March and April, uh, as we saw consumers pull purchases forward because they were worried about tariffs. And and right now, I guess the big question for everybody is, you know, what's going to happen next? Uh, you know, some of those pulled forward purchases represent lost future sales, uh, and we still have a very uncertain consumer. Uh, so the the the challenge becomes understanding where they're headed. And right now, as we see, consumers are are are uncertain, they're concerned, and it looks like, you know, we we see a lot of trading down. You know, consumers are looking for value for the for their dollar. Yeah, they certainly are, Mark. It makes me wonder, too, which retailers are best positioned to win in that particular environment. What do you think is the winning strategy for retailers to navigate tariff policy? Yeah, I think we saw something pretty similar in in 2022 when we had high inflation. When the consumer is out there looking for the best price, uh, you want to be a retailer that is offering the best price. Uh, you want your consumer to believe that, uh, they're getting value for their dollars. So I think that's a challenge for everybody, and uncertain consumer means that they're going to be much more careful with, uh, with their money.
Metro
13-05-2025
- Business
- Metro
Nintendo Switch 2 pre-orders are available now at one UK retailer
They're not going to last, but if you're very quick a big UK retailer has the Nintendo Switch 2 console in stock at the moment, via a range of different bundles. The Nintendo Switch 2 launches worldwide on June 5 but from the first moment pre-orders opened stock hasn't stayed available anywhere for more than a few minutes. That's probably not going to change until much later in the year and since there's never any forewarning, all anyone can really do is keep checking known retailers as often as possible. One of our readers has been doing exactly that and thanks to Mark Matthews we can tell you that as of time of writing Very does have stock of the console and a number of different bundles. As far as we can tell nobody else, including Nintendo themselves, has got new stock in but Very does and has created some unofficial bundles for it. You can't get the console, or the console and Mario Kart World, alone but the following more expensive variants are currently available: Nintendo Switch 2 + Mario Kart World + Zelda: Tears Of The Kingdom Nintendo Switch 2 Edition for £494 Nintendo Switch 2 + Mario Kart World + Samsung Micro SD Card for £479 Nintendo Switch 2 + Mario Kart World + Switch 2 Camera for £479 It's a lot of money but if you have it they are pretty good deals, because Tears Of The Kingdom is a great game and the SD card and camera are useful accessories, depending on how you intend to use the console. The high cost is no doubt why they're still available an hour after first being spotted but if they're gone by the time you read this, apologies for getting your hopes up. It's hard to tell what will happen with stock of newly launched consoles at the best of times, but given the situation with tariffs in the US it's especially difficult when it comes to the Switch 2. More Trending Apart from anything, and as Nintendo has already pointed out, tariffs on other non-luxury goods, including food, mean that people in the US are going to have less money than usual to spend on video games this year. Pre-orders are regularly available on eBay but there's always a risk in trying to buy something where the seller doesn't physically have the item yet, not to mention the inflated prices. If all goes well then the Switch 2 should be more readily available by Christmas, but the more popular it is the more difficult it is going to be to buy one. Email gamecentral@ leave a comment below, follow us on Twitter, and sign-up to our newsletter. To submit Inbox letters and Reader's Features more easily, without the need to send an email, just use our Submit Stuff page here. For more stories like this, check our Gaming page. MORE: New Persona annoucement due this week but prepare for disappointment MORE: Horizon Zero Dawn 3 scheduled for 2027 as a cross-gen PS6 game claims rumour MORE: The 20 exclusive games that made Nintendo Switch the best console ever
