Murdoch’s Humble Pie Reaps $5 Billion for Investors
Almost a year after News Corp.’s phone hacking scandal broke, Chairman Rupert Murdoch has bowed to the unthinkable: splitting off his beloved newspapers. Investors couldn’t be happier.
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Hong Kong Fights Against Property Boom
55:27 - Hang Seng Bank Chairman Raymond Ch'Ien discusses his outlook for Hong Kong's property market. He speaks on "Bloomberg Markets." (Source: Bloomberg)