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Page 5 - Sean Hyman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNBC Squawk Box June 24, 2013

chrysler building and empire state building. i don t know about that one. but before we continue to talk about that and other news, let s get the round-up of today s business stories from mandy. unbelievable, right? he didn t even have a harness. i m sure there s market metaphors in there somewhere. let s get you covered on top stories this morning. china s cash crunch appears to be easing just a bit today after the central bank moved to prevent the money market from seizing up. however, bank stocks still took a real big beating after the people s bank of china said banks need to do a better job of managing their cash and lending. goldman sachs became the latest bank to downgrade china s economic growth. the firm says tighter financial conditions and reforms are a down side risk for the world s second largest economy. more from our colleague eunice yun in beijing in just a moment s time. but in the meantime, the bank for international settlement says central banks should no

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