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Vw shares plunges. They halt the sales of certain diesel cars as an investigation is launched into whether it cheated on emissions tests. No longer unhackable. Apple admits to a rare attack on some of its most popular apps in china as president xi jinping prepares to meet president obama to discuss Cyber Security. Fed fallout. President John Williams says a 2015 rate hike is still in the cards after last weeks, quote, close call. Well be hearing from his colleague James Bullard in just under 2 hours. The gamble pays off. Alexis tsipras emerges to secure 35 of the vote. Lets talk auto shares. Volkswagen nearly 20 dragging the rest of the european auto set below. V w21 its now down. Porsche, down 22 . Renault down 5 . Lets talk about the accusations. The u. S. E. P. A. Accusing vw of fitting half a mill vehicles with these d ....
Euro zone, where they stake their claim to rapid expansion on the continent. Hello. Welcome to countdown. I am mark barton. And i am an edwards. And i am manus cranny. 6 30 here in london, a guest will join us. And we have a chinese theme. It has been a torrid day, the shanghai composite falling by more than 6 today, and the reason is the suspension of three firms. They are controlling margin investing due to a concern that a recent stern show search in stock prices could have a negative effect. Cutting back on the brokerages is their money. That is right. They are trying to curb people from buying into this rally this ultra bull rally, and it was up 60 last year until todays fall. We are talking 290 billion dollars of market cap has just been wiped out in just one day not a great day in the shanghai composite. It is the steepest drop, the most in five years again after the three biggest brokerages were stopped from adding more margin trading accounts, and they were suspended for three ....
Continuing with his purchases of about 40 billion, also 45 billion treasuries. These guys certainly have not forgotten, benefiting from it. Liz probably not a good sign for global change. Plunging more than 8 earlier today. That is the biggest drop since 2008. This is the index giving investors inside the Global Supply and demand trends by measuring changes in the cost to transport things like raw material. Often considered a leading indicator of future growth. David while gold could not get the pop a lot thought it would, look at oil, up over 1 . It was a little higher, ending off of session highs, but they were encouraged by the fact not only was ben bernanke going to be printing more money but also the china seems to be gaining little bit of steam. Good day for oil traders. Liz purchasing 85 billion in bonds per month saying it will keep rates low until we see the implement rate fall below 6. 5 . That is historic, folks. And the ....
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