Street News: HSBC Apologizes, U.S. Drought Spreads

July 18 (Bloomberg) -- Bloomberg's Sara Eisen reports on today's top news including Syria's defense minister has been killed in a bomb blast, Federal Reserve chairman Ben Bernanke returns for a second day of testimony in Washington, HSBC executives apologize for their involvement with money laundering and more crops are expected to be impacted as U.S. drought conditions spread to 61 percent of the country. She speaks on Bloomberg Television's "Bloomberg Surveillance."

The World Is Not Levered to the New China: UBS
29:46 - Bhanu Baweja, global head of emerging market cross asset strategy at UBS, discusses the 25th anniversary of the Shanghai Stock Exchange and the outlook for China's economy and emerging markets. He speaks to Bloomberg's Anna Edwards and Guy Johnson on "Countdown." (Source: Bloomberg)
  • Investing in Russia: Is Now the Time to Get In?
  • Russia Will Deliver Positive Returns in 2016: UBS
  • Russian Relations: Is There a Thaw With the West?