Ford to Halt Production in Australia

May 23 (Bloomberg) -- Ford will stop making cars in Australia, nine decades after founder Henry Ford first began building Model Ts in the country, as a surge in the currency undermines the local industry’s ability to compete with import. Julie Hyman reports on today's "Global Outlook" on Bloomberg Television's "Street Smart." (Source: Bloomberg)
HKMA Intervenes to Defend the Hong Kong Dollar Peg
47:01 - Hong Kong’s de facto central bank stepped in for the first time in more than four months to prevent the city’s currency from breaking out of the strong end of its pegged range against the U.S. dollar. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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