Hermes Raises Sales Goal on China Demand for Luxury

Hermes International SCA, the French maker of silk scarves and leather goods, raised this year’s sales-growth target after first-half earnings beat estimates on Asian demand for luxury products.

The World Is Not Levered to the New China: UBS
43:52 - Bhanu Baweja, global head of emerging market cross asset strategy at UBS, discusses the 25th anniversary of the Shanghai Stock Exchange and the outlook for China's economy and emerging markets. He speaks to Bloomberg's Anna Edwards and Guy Johnson on "Countdown." (Source: Bloomberg)
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