Scripts: The dollar just keeps falling and falling and falling. When does the end come when we get some good news on the US housing market? Ah, probably when US interest rates start to go up.But that's not going to be anytime soon. We know that the U...
We are pleased to announce that at 3:05 AM this morning, we reached a tentative agreement with the General Motors Corporation, pending ratification by our membership. We are recessing the strike effective at 4:00 AM this morning. And we will, ur... b...
Alright, leading the pack of morningstars list of best performing funds so far this year. Top performing fund Aim China A. Astonishing 85 percent gain so far this year, also posting impressive returns and in the top 15, the Oberweis China opportuniti...
Scripts: Mr.Strauss-Kahn, thank you very much for joining us on CNN. In a way, you are taking over an institution which doesnt have a mission any more, or at least less of a mission than it used to have. Well, I wont say that. The mission is almost t...
Scripts: I think that you've had really two events over the last couple of months. You had one, a liquidity event in August that the Fed monetized a few weeks ago by lowering rates 50 basis points more than those expected. And then you've had credit...
I spoke earlier to Bob Parker who's the deputy chairman of Credit Suisse asset management. I asked him whether he's impressed by the new highs in Asia and whether those numbers can be sustained. Well certainly it's justified by the high levels of gro...
Scripts: Hong Kong Securities broker Au Shing Tai is extremely busy these days. Au helps investors choose shares of all sorts of companies. But what are they buying? They are buying shares in Hong Kong, with those company having business in China. Bu...
There is nothing more American than a fall apple harvest. But you won't find these New York apples in your apple juice. Most apple juice contains concentrate from China and to a lesser degree from Brazil, Argentina and Chile. And that hamburger, Amer...
Bernanke did argue that the fed had taken a fairly decisive step against those downside risks in Sep. by reducing interest rates half a percent, so I wouldn't necessarily say, uh, as a result of his comments last night that it, it makes a rate, anoth...
Let's talk about oil prices first, if we may. How much of it a worry is the current oil price above 88 dollars a barrel? Well it certainly is unprecedented and we've not seen oil prices at this level before. And will the economy and will business in...
We seem to have a deep rooted fear in the market right now, concerning whether the US economy is on the skids and we saw an emergency of rate cut for the, from the Fed about a month ago, and again we saw a retail Fed cut about a week and a half two w...
Where did it all start to go wrong for Ericsson ? Well I think it's important to understand the, the overall development here at the market place. It's, It's we see no change in that. We have fairly few full networks in the world, increasing traffic...
I think that's an inevitable process which is going to continue so long as the Asian economies in particular continue to grow up rapidly. The biggest marginal contributer to rise in oil demand, that of course in the past 5 years has been China. I thi...
The first official drive of a hydrogen fuel cell car in china. G.M boss Rick Wagoner telling CNN his company's ultimate financial viability depends on taking a lead in alternative fuel technology. I wouldnt want to try to be the, the you know the hig...
Writing was on the wall for Chuck Prince wasn't it? Writing was on the wall for Chuck prince not just related to the sub-prime crisis and the additional four maybe eight billion of asset write-downs we will see in the fourth quarter or quarter one ne...
