Top Headlines: Westpac Posts $3.3B Profit
Cash earnings for Westpac Banking Corp. in the six months ended March 31 gained 1 percent to $3.3 billion, the Sydney-based bank said in a statement today. Temasek Holdings Pte., the Singapore state-owned investment group, is selling about $2.4 billion of shares in Bank of China Ltd. and China Construction Bank Corp. in Hong Kong. Chinese legal activist Chen Guangcheng is being treated in a Beijing hospital after leaving the U.S. embassy under a deal that quickly started to unravel and now threatens to derail annual cabinet-level talks between the two nations. Susan Li reports. (Source: Bloomberg)
Running Time: 01:39
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.