European Market Breakdown
Airtime: Wed. May 26 2010 | 11:31 AM ET
CNBC’s Annette Weisbach breaks down today’s European market action.
Airtime: Wed. May 26 2010 | 11:31 AM ET
CNBC’s Annette Weisbach breaks down today’s European market action.
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.
President Obama Comments on McChrystal
Even though recent economic data point to slowing growth in China, Stephen Green, senior economist at Standard Chartered Bank, remains confident its economy can expand 10% in 2010. He shares his outlook, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
The “extended period” language is putting us in a box, Saint Louis Federal Reserve President James Bullard tells CNBC
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”
Japan’s economy slowed sharply in the second quarter with GDP missing forecasts. Jesper Koll, managing director & head of Japanese equity research at JPMorgan Securities Japan, tells CNBC’s Kaori Enjoji that this is a clear indication the country remains ensnared in deflation.