Are Handsets in China About to Get Pricier?

Aug. 15 (Bloomberg) -- China Mobile will cut $2 billion from its device subsidies this year, potentially raising prices for the Apple and Samsung smartphones sold by the world’s largest carrier. David Ingles reports on "On The Move Asia." (Source: Bloomberg)

Are China's Banks Heading for Disaster?
25:20 - There is a warning today that China is headed for an unprecedented financial meltdown. That is the dire forecast from the hedge fund manager who correctly called the sub-prime crisis in the U.S. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
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