Discussing Republicans as the voice of rational thinking and the belief that sometimes, you have to let institutions fail, with Sen. Richard Shelby (R-AL) and CNBC's Erin Burnett & Mark Haines.
Japanese cabinet ministers are putting pressure on the Bank of Japan urging it to respond to deflation. "We've had a very contractionary fiscal policy combined with a contractionary monetary policy and that's really beginning to show now," Lisa Fox from Japaninvest said Tuesday.
City Telecom is a broadband provider in Hong Kong after launching in 1992 as an international calling-card company. It now adds more than 40,000 new customers every 6 months. NiQ Lai, CFO of City Telecom, told CNBC their goal is to "become the largest IP service provider in Hong Kong by 2016."