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Transcripts For CNBC Worldwide Exchange 20130826

Obviously have an engineering culture. It is what we are living off. And its merger monday in the pharma sector with a deal worth more than 10 billion. And failure awaits the United States if it takes action on syria. Thats the threat from president assad as u. S. Experts are allowed now to visit the site of an alleged chemical attack. Youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. You are watching worldwide exchange. Were with you for the next two hours in good company, i hope. Weve got a lot of guests lined up. And on todays show, despite the ongoing success of south koreas export economy, is it time for change . We have a special report in about 15 minutes time on that front. Maverick australian billionaire clyde palmer is running to be the countrys Prime Minister. Can he succeed . Well be hearing from down under at 10 30 cet. This week were also bringing you a whole series of reports on the risks and rewards of investing

Market capitalisation sheds N38bn as investors sell off banking stocks

Sell-offs in Tier-one banking stocks on Tuesday extended losses on the Nigerian Exchange Ltd. (NGX) stock market capitalisation by 0.07 per cent. Notably, investors lost N38 billion or 0.07 per cent, as the market capitalisation which opened at N56.069 trillion, closed at N56.031 trillion. The All-Share Index also closed 0.07 per cent or 68 points lower

Nine major firms record N2trn Forex losses

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