Breaking Down Samsung's Earnings

July 5 (Bloomberg) -- Samsung posted second-quarter earnings that missed analyst estimates as sales of its flagship Galaxy S4 handset fell short of analyst expectations. The shares dropped. Ryan Chilcote reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

New Dawn for China as Yuan Joins Majors
26:44 - The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the strides China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan. The yuan weakened in offshore trading amid speculation China’s central bank will rein in intervention. PBOC Deputy Governor Yi Gang said at a briefing the long-term goal is for very few interventions, adding that bigger two-way fluctuations are normal.
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