Are There Encouraging Signs in China's Economy?
China reported a modest stabilization in exports this weekend as the value of the currency decreased, as well as the first back-to-back gain in foreign reserves in almost two years, suggesting the economy is steadying amid slowing growth. The world’s largest currency hoard rose $7.089 billion to $3.22 trillion in April, the People’s Bank of China said Saturday. Seneca Investment Managers CIO Peter Elston discusses with Bloomberg's Manus Cranny in Dubai and Anna Edwards in London.
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Surging Baht May Hurt Business
05:23 - The Thailand baht has been one of Asia's best performers this year, however Thai stocks have been range bound, trading sideways. Bloomberg's Patricia Lui reports on "Bloomberg Markets: Asia." (Source: Bloomberg)