Wells Fargo CEO: Interest Rates Need to Normalize
Cathay Pacific Airways Ltd
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A new chapter opened for Tokyo risk assets on Friday as the Nikkei index surged past the 13,000 mark after the Bank of Japan unleashed a monetary onslaught of $1.4 trillion in stimulus, but the rest of Asia's stock markets tumbled to multi-month lows.
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Peter Harbison, Executive Chairman at CAPA says that Cathay Pacific's significant loss in its H1 2012 earnings is fairly unusual. He further explains why the company needs to focus on innovation going forward.
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Siva Govindasamy, Asia Managing Editor, Flightglobal explains why the battery malfunction is a serious issue. He also discusses the impact of the Dreamliner's woes on the Boeing-Airbus rivalry.
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.