BLOOMBERG On The Move January 11, 2016
Dollar for the First Time Ever. It is it is a morning. You need to be up to speed. Caroline hyde has your bloomberg news. chinese stocks have extended last weeks plunge after concern about the slowdown deepening. The Producer Price index slumped 5. 9 in december, sending declines to a record 46 months. The cost of borrowing the yuan has jumped by the most on record. Tightened supply of the currency following intervention by the Chinese National bank. Ubs will double its staff in china over five years. Their chief executive says that a time of volatile markets is as good a time as any for wrapp...