Yuan May Weaken Further Over Next Year: Redward

May 13 (Bloomberg) -- Peter Redward, principal at research firm Redward Associates Ltd. in Auckland, talks about China's economy, central bank policy and currency. He also discusses Australia's budget with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
Commerzbank Outperforms
24:00 - Commerzbank AG, Germany’s second-biggest bank, said profit more than doubled on higher earnings at its consumer and corporate clients divisions, beating analyst estimates. Net income increased to 280 million euros ($307 million) from 100 million euros a year earlier, the Frankfurt-based company said. That beat the average of seven analyst estimates compiled by Bloomberg of a 252.9 million-euro profit. Commerzbank CFO Stephan Engels spoke to Bloomberg’s Francine Lacqua about the news on "The Pulse."
  • America's Un-Greek Tragedies in Puerto Rico, Appalachia
  • Why Italy Is a Real Economy and Greece Isn't
  • Rare Blue Moon Not to Happen Again Until 2018