Strategy Session With Byron Wein, Blackstone Advisory Services
Airtime: Thurs. Apr. 15 2010 | 3:46 PM ET
Insight on what this recovery means for investors, with Byron Wien, Blackstone Advisory Services.
Airtime: Thurs. Apr. 15 2010 | 3:46 PM ET
Insight on what this recovery means for investors, with Byron Wien, Blackstone Advisory Services.
China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.
The government is looking to shorten the lengthy process of short sales, reports CNBC’s Diana Olick.
“The big risk is that there will be a downturn in markets that could impact the bond, the equity and the credit markets,” Nouriel Roubini, chairman of RGEMonitor.com, told CNBC when discussing the economic outlook Friday.
Economic Analysis: Jobless Claims
The European Central Bank left its core interest rate on hold at 1.0% Thursday. Karsten Junius from DekaBank, Brendan Brown from Mitsubishi UFJ Securities International and Neil MacKinnon from VTB Capital discuss the outlook for Europe.
Resistance to Basel III reforms is misplaced and creating a more resilient global system of regulation was crucial, European Central Bank President Jean-Claude Trichet told CNBC.