The case for a stronger yuan
Jun. 22 - Reuters quantitative analyst Mike Tarsala says China's pending shift to becoming a net importer, and the long-term inflation risk, mean it is in the country's best interest to let its currency rise.
Categories: Business, US Business Videos, US Stock News Tags: Best Interest, China, Currency, Inflation Risk, Mike Tarsala, Quantitative Analyst, Reuters, Term Inflation, Yuan
Surprise drop in existing home sales
Jun 22 - Sales of previously owned homes in the U.S. took a surprise fall in May compared to April, but sales were up double digits compared to a year ago. Conway G. Gittens reports.
Categories: Business, US Business Videos, US Stock News Tags: April, Conway, Double Digits, Existing Home Sales, Gittens, Surprise
Zagat’s power lunches: London
Tim Zagat, CEO of Zagat Survey, says if you want to do business over lunch in London and not break the piggy bank, then Murano, Le Gavroche and Pied à Terre would be his top picks.
Categories: Business, US Business Videos, US Stock News Tags: Break, Ceo, Le Gavroche, London, Lunch, Piggy Bank, Power Lunches, Tim Zagat, Top Picks, Zagat Survey
UK announces bank levy
Jun 22 - Britain slapped a 2 billion pounds tax on bank balance sheets as the new government said the industry must pay the price for its part in the financial crisis. Matt Cowan reports.
Categories: Business, US Business Videos, US Stock News Tags: Balance Sheets, Bank Balance, Bank Levy, Cowan, Financial Crisis, Tax Balance
UK swings budget ax
Britain announces its toughest budget for decades, gas supplies to Europe are under threat, Greenpeace protestors invade oil meeting over BP oil spill and BA reaches deal over pensions.
Categories: Business, US Business Videos, US Stock News Tags: Ba, Bp, Bp Oil Spill, Budget Ax, Decades, Europe, Greenpeace, Pensions, Protestors, Swings, Uk Budget
Small Biz: The effect of tax relief
Jun. 22 - Dan Primack of peHUB says that elimination of capital gains taxes on small business investment will lead to an increase in seed investment by angel investors, but not make much of a difference for institutional investors.
Categories: Business, US Business Videos, US Stock News Tags: Angel Investors, Biz, Capital Gains Taxes, Institutional Investors, Primack, Seed Investment, Small Business Investment, Tax Relief
Niall Ferguson on China’s Yuan move
Jun. 22 - Laurence A. Tisch professor of history at Harvard University, Niall Ferguson, discusses China's action on the yuan and suggests that their new policy is a mainly political move.
Categories: Business, US Business Videos, US Stock News Tags: China, Harvard University, Niall Ferguson, Political Move, Yuan
Sponsors threaten to leave Les Bleus
Jun. 22 - As France unites in fury and derision against their national soccer team's behaviour during the World Cup corporate sponsors are starting to pull out of deals supporting them.
Categories: Business, US Business Videos, US Stock News Tags: Corporate Sponsors, Derision, Les Bleus, National Soccer Team, World Cup