China Breaking News: Oil Falls as Monetary Policy and China Hit Market

Now watching

Next video starts in : 7 Play

China Breaking News: Oil Falls as Monetary Policy and China Hit Market

China Breaking News: Oil Falls as Monetary Policy and China Hit Market
Replay video
Up next

The 8 most memorable commencement speeches of 2015

Unlock your personal NFL Now stream by signing in to NFL.com

China Breaking News: Oil Falls as Monetary Policy and China Hit Market

by Wochit 0:56 mins

China Breaking News: Oil Falls as Monetary Policy and China Hit Market

by Wochit 0:56 mins

The price of oil slid again Friday on the prospect of a tighter supply of cash and slower growth in China. China?s credit crunch eased after lending picked up among banks and financial institutions that had been desperately seeking cash in the bank-to-bank market. China's Shuanghui International recently bought Smithfield foods, the biggest pork producer and processor in the world- and Smithfield's monetary benefits could skyrocket. The American company could receive about $46.6 million in merger-related payments. These two food giants are no doubt creating a first, considering this is the largest Chinese takeover of an American company yet.

Must Watch

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless