Aug. 2 (Bloomberg) -- European Central Bank President Mario Draghi signaled the ECB intends to join forces with governments to buy bonds in sufficient quantities to ease the region's debt crisis after the bank kept the benchmark interest rate at a record low of 0.75 percent.
Draghi, speaking in Frankfurt at his monthly news conference, also discusses the future of the euro and the European Financial Stability Facility. (Excerpts. Source: Bloomberg)
J.P. Morgan's Hui Likes China Property, Services Stocks
09:49 - Tai Hui, chief Asia market strategist at J.P. Morgan Asset Management, talks about China's banks, theeconomy and investment opportunities in the maarket. He also discusses Federal Reserve and European Central Bank policies. He speaks with Angie Lau, Rishaad Salamat, Stephen Engle and Zeb Eckert on Bloomberg Television's "Asia Edge."
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