Proposed Bumi Chairman King Expects to Oust Tan

Wallace King, proposed by Nathaniel Rothschild as the new Bumi Plc chairman, expects to win enough backing from shareholders next month to oust incumbent Samin Tan amid a battle for control of the Indonesian coal venture. King spoke to Bloomberg Television's Olivia Sterns.
Equity Valuations Lofty, Earnings Lousy: Morganlander
40:05 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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