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Transcripts For DW Business 20240713

Due to the virus making drugs the scats commodity at a time when they need it most. Places to business. The corona Virus Outbreak continues to dominate business headlines around the globe after wall street made gains to correct last weeks slump asian markets followed suit continuing their recovery on tuesday all prices also extended their rebound as policymakers and central bankers indicated that willingness to ease the economic fallout australias reserve bank is the 1st central bank to react slashing Interest Rates to a record low by 25. 00 basis points to 0. 5 percent the outbreak is plunging the World Economy into its worst downturn since the Global Financial crisis more than 10 years ago pressure is growing on the governments and Central Banks to fight back to avoid an even steep a slump investors are now. Waiting for a Conference Call by group of 7 leaders later on tuesday lets go straight to our financial correspondent. Who is in frankfurt for us watching the markets and of cours

Transcripts For CNBC Worldwide Exchange 20150119

Split the ceo and chairman roles. Frederick keeps his job while Vice President steps in as chairman. Lets get out to one of our top stories today. Chinese stocks suffered the worst drop many more than six years led by the countrys three largest broke ages have been banned from opening new trading margins for three months. It follows a investigation into high risk activity. Joining us live from beijing on the latest. Hi. Thats right. It is driven by a crack down on margin trading here. The countrys regulators had issued a warning to 1 different brokerages and they punished three of those firms. These are three major industry heavy weights here. And these companies now face a temporary ban for about three months on opening new margin accounts. The reason we saw it a lot of people are worried the move will dent the buying in stocks. The shanghai rally has been driven in large part to the margin trading that has been going on here. A lot of people have been flocking to the stock market and

It s not just the Fed Central banks around the world are meeting this week

It s not just the Fed Central banks around the world are meeting this week
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