Meet the World's Most Expensive Racehorse

Oct. 11 (Bloomberg) –- World records were broken in quick succession at one of Europe's most prestigious horse auctions this week. A Qatari sheikh paid a record $8.3 million for a one-year-old female horse at the annual event. Bloomberg Television's Tom Gibson reports on the Tattersalls auction. (Source: Bloomberg)
Weaker Yuan: Why RBC's Tenengauzer Sees Declines in 2016
02:56 - Daniel Tenengauzer, head of emerging market foreign-exchange strategy at RBC Capital Markets, talks about why China's currency is overvalued. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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