What Does China's Home Price Boom Mean for its Economy?
Home prices rose in the most Chinese cities in more than two years in April, with gains in second-tier cities surpassing advances in larger hubs. New-home prices excluding government-subsidized housing climbed in 65 cities, compared with 62 in March, among the 70 cities tracked by the government, the National Bureau of Statistics said Wednesday. That’s the most cities since December 2013. Fitch Head of Asia Pacific Sovereign Ratings Andrew Colquhoun discusses with Bloomberg's Anna Edwards on "Countdown."
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UBS' Orcel Says People May Not Want to Move Due to Brexit
36:03 - We could see some banks shifting operations out of London to other European cities as a result of Brexit. UBS's Andrea Orcel says it's possible some banks could quit the industry all together. He spoke exclusively with Bloomberg's Erik Schatzker. (Source: Bloomberg)