Peugeot Writesdown $5.53B as Asset Values Plummet

Feb. 8 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that PSA Peugeot Citroen took second-half writedowns of 4.13 billion euros ($5.53 billion) due to Europe’s plummeting auto market. He speaks on Bloomberg Television's "Countdown."
PBOC Cuts Rates for Second Time in Three Months
07:50 - March 2 -- China showed its determination to combat a slowdown in the world’s second-largest economy, cutting interest rates before a yearly gathering of the legislature where the Communist leadership typically unveils its goals for the year. Bloomberg's David Ingles reports on "First Up."
  • The Top Stocks to Watch in Asia Today
  • Why Some See India's Budget as a Missed Opportunity
  • Hands-On: Samsung's Fancy New Galaxy S6, S6 Edge Phones