China's Ban on Extravagance Hurts Wine Sales

July 4 (Bloomberg) -- Chinese President Xi Jinping's crackdown on extravagance has slowed wine sales in China but it hasn't damped the enthusiasm the world's wine growing regions have about the vast - mostly uncorked - Mainland market. Bloomberg's Stephen Engle reports from Beijing. (Source: Bloomberg)
China's Banks Offer Deeper Cuts to Deposit Rates
37:33 - China's banks are the latest to show a lack of confidence in an economic recovery. Fresh off the latest rate cuts from the central bank, many Chinese lenders are offering savers much less from their deposits. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
  • The Top Stocks to Watch in Asia Today
  • ANZ's Yetsenga Sees Asia Currencies Staying Week
  • Call for Change:Protesters Demand Malaysia's Najib Resign