Tencent pays $736M for Stake in 58.com

June 30 (Bloomberg) –- Bloomberg’s Rosalind Chin reports on Tencent buying a 19.9% stake in online classified ads site 58.com as it competes with Alibaba for customers. She speaks to Rishaad Salamat on Bloomberg Television’s “On The Move.” (Source: Bloomberg)

QuickTake: Effectiveness of Financial Stress Tests
47:03 - In today’s “QuickTake,” Bloomberg's Vonnie Quinn takes a look at credibility and effectiveness of bank stress tests. She speaks on "Bloomberg Markets." (Source: Bloomberg)
  • What’s Behind Strong Inflows in ETFs?
  • Bauer Says Overall Trend for Oil Is to Downside
  • Nixon Says Second Half of Year Will Be Stronger