Pickens on Oil, Clean Energy & BP Spill
Boone Pickens, founder and CEO of BP Capital, discusses oil, clean energy and the BP spill with CNBC.
Boone Pickens, founder and CEO of BP Capital, discusses oil, clean energy and the BP spill with CNBC.
Phillip Deans, professor of international relations at Temple University of Japan, says U.S.-Japan ties are strong and are unlikely to change under prime minister Naoto Kan. He also discusses Japan’s new cabinet line-up, with CNBC’s Oriel Morrison.
Apple unveiled a new version of the iPhone, which has more than 100 new features. Tech columnist Dan Ackerman shares his reaction.
Insight on the global economy with Morgan Stanley Asia Chairman Stephen Roach.
From our vantage point, the latest three day rally failed, evidenced by a new 2010 low close for the Dow Jones Industrial Average & benchmark S&P 500 index. It is well known that a market should not be considered “healthy” unless it trades above its rising 200-day moving average (DMA) line. The fact that all the major averages are below both their 50 & 200 DMA lines bodes poorly for the near term. That said, the bears will likely remain in control until the popular averages close above their important moving averages.
The benchmark S&P 500 index is trading near a very important inflection point: it’s 2010 low and the neckline of its broader 2010 H&S Top. If it breaks, then odds favor lower prices will likely follow.
Fresh perspective on the Bernie Madoff scandal, with Steve Fishman, New York Magazine contributing editor.
Hungary is definitely not in the same position on its debt as Greece, Economy Minister Gyorgy Matolcsy told CNBC. The new government will keep the budget deficit at 3.8 percent of gross domestic product, Matolcsy pledged.
Going forward, Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, sees 80% of the world’s GDP growth coming from developing and emerging markets. Manwani & Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide and professor at the University of British Columbia, speak with CNBC’s Lisa Oake & Martin Soong.
Expect a serious deceleration of growth in China, warns Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide & professor at the University of British Columbia. He shares his views, with Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, CNBC’s Martin Soong & Lisa Oake.