HSBC CEO: BoCom Remains Core China Investment
HSBC CEO: BoCom Remains Core China Investment
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Developing & Emerging Markets Will Drive Growth
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.
China Must Maintain Stable Growth: Chief Advisor
It’s very important for the Chinese economy to maintain its stable trajectory. A stable growth path for the Chinese economy is good for global growth, Andrew Sheng from China Banking Regulatory Commission said Friday. The fiscal stimulus has been very positive. Growth has come back but uncertainties remain, he added.
Buffett on American Consumer
Why the American consumer is set to bounce back, with Warren Buffett, Berkshire Hathaway chairman & CEO.
Trader Talk With Art Cashin
The buzz from the NYSE, with Art Cashin, of UBS. 8.13.10
S&P About To Retest 1040 Support?
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”Trader's Edge- Art Cashin
Countdown to the opening bell, with Art Cashin, UBS.
