ZTE Pleads Guilty to Violating U.S. Sanctions on Iran

ZTE , China’s second-largest telecommunications gear maker, has agreed to plead guilty and pay as much as $1.2 billion to settle U.S. government allegations that the company violated laws restricting sale of American technology to Iran. U.S. Secretary of Commerce Wilbur Ross read statement about the agreement while talking to reporters on Tuesday. (Source: Bloomberg)

BofAML's Yamada Sees Yen Weakening Later This Year
39:05 - Bank of America Merrill Lynch FX and Equity Strategist Shusuke Yamada discusses the currency markets and his outlook for the yen and non-economic. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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