Pope Benedict XVI to Resign for Health Reasons

Feb. 11 (Bloomberg) -- Pope Benedict XVI, saying he no longer has the strength to lead the world’s 1 billion Catholics said that he will resign from the papacy at the end of the month, the first such abdication in almost 600 years. Pope Benedict, the 265th leader of the Roman Catholic Church, said his resignation would take effect at 8 p.m. on Feb 28. Tom Keene and Scarlet Fu report on Bloomberg Television's "Surveillance." (Source: Bloomberg)
AXA Framlington Asia's Tinker on China Economy, Market
32:11 - Mark Tinker, head of AXA Framlington Asia in Hong Kong, talks about China's economy, policies, currency and stocks. A Chinese manufacturing gauge trailed economists’ estimates in April as new orders declined, underscoring forecasts for policy makers to step up stimulus to shore up growth. Tinker speaks with Angie Lau on Bloomberg Television's "Asia Edge." (Source: Bloomberg)
  • These U.K. Election Nightmares Might Happen
  • Looks Like Greece Is Going to Default: Tinker
  • To the Philippines, Pacquiao Is a Winner: Purisima