Standard Chartered Falls on N.Y. Iran Probe

Aug. 7 (Bloomberg) -- Standard Chartered Plc fell the most in almost 24 years as an analyst estimated it may face costs of $5.5 billion after being accused of violating U.S. money laundering laws over its dealings with Iranian banks. Dominic Chu reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

What a Fed Rate Hike Could Mean for the Markets
07:57 - Adam Parker, chief U.S. equity strategist at Morgan Stanley, discusses what would likely happen in the markets if the Fed raises interest rates. He speaks to Bloomberg's Stephen Engle on "Asia Edge" from the Morgan Stanley China Summit in Beijing. (Source: Bloomberg)
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