Why Bank of China Is Doubling Bad Loan Provisions

Aug. 20 (Bloomberg) -- Bank of China more than doubled its money set aside for bad loans as profit growth cooled to the slowest pace in five quarters on weakness in the economy. Bloomberg's Stephen Engle has more on "First Up." (Source: Bloomberg)
Trends vs. Bubbles: A View of Academics, Economists
50:12 - Tony Dwyer, U.S. portfolio strategist at Canaccord Genuity, and Stanford University Economics Professor and Nobel Laureate Alvin Roth discuss how market bubbles are viewed and the worlds of academics and economists. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)
  • We're in a Fundamentally Driven Bull Market: Dwyer
  • Why You Should Watch the Cleveland Fed on Inflation
  • Greece May Use Its 'Weakness' as Bargaining Chip: Roth