China's Freeing of Loan Rates `Very Tiny Step

July 23 (Bloomberg) -- Lu Ting, chief China economist at Bank of America Corp. in Hong Kong, talks about People Bank's of China monetary policy, and the nation's economic outlook. The PBOC removed the lending-rate floor while leaving the deposit-rate cap intact, highlighting the tension between boosting consumer spending during an economic slowdown and maintaining profits at state-owned banks. Lu speaks with John Dawson on Bloomberg Television's "On the Move." (Source: Bloomberg)

The LM Perpetual is MB&F's Most Ambitious Watch Yet
51:48 - Independent watch brand MB&F's latest creation is the LM Perpetual, a complicated perpetual calendar that showcases the unique mechanism powering the watch. Bloomberg Pursuit's Stephen Pulvirent has been finding out more.
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