Morgan Stanley CFO On The Economy
Airtime: Wed. Oct. 20 2010 | 10:08 AM ET
Morgan Stanley CFO Ruth Porat tells CNBC’s Kate Kelly that the economy is “still very fragile.”
Airtime: Wed. Oct. 20 2010 | 10:08 AM ET
Morgan Stanley CFO Ruth Porat tells CNBC’s Kate Kelly that the economy is “still very fragile.”
Forecasters warn the oil spill in the Gulf of Mexico could threaten the Mississippi and Alabama coasts as early ask this week. John Hofmeister, former CEO of US operations at Shell, shares his insight.
Going behind the numbers and inside the hedge fund world, with Daniel Mudd, Fortress Investment Group CEO.
The Shanghai Composite Index is likely to continue a “broad sideways movement,” Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday. Guppy also takes a technical look at the CAC-40 and FTSE-100.
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
G20 finance ministers have thrown out the idea for group tax on the banking sector to pay for future crises, with emphasis instead on new capital requirement rules to keep that sector healthy. South Korea’s finance minister, Yoon Jeung-hyun, tells CNBC’s Chloe Cho what progress was made on “Too Big to Fail.”
On the back of reports Beijing has orderd banks to charge higher mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor and Michael Kurtz, head of regional strategy at Macquarie Securities, discuss why the incentives to invest in Chinese real estate still remain strong.