Storm Aims Snow at New York City as It Moves to Sea

March 8 (Bloomberg) -- Snow falls in New York City as coastal Northeast towns brace for another round of flooding from a storm that dumped almost a foot on some Boston suburbs. One to 3 inches (2.5 to 8 centimeters) may fall on New York City as the week-old storm moves out to sea after canceling thousands of airline flights, shutting federal offices and confounding forecasters. (Source: Bloomberg)

Contagion Risks Rise for Chinese Banks
23:18 - There are more fears over the financial health of China's banks. The ratings agencies are warning that smaller lenders have never been more reliant on each other for funding and that is ramping up contagion risks. Bloomberg's Tom Mackenzie reports on "Daybreak Asia." (Source: Bloomberg)
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