Korea’s Economy Rebounds From MERS Outbreak as Shoppers Return
©2015 Bloomberg News NWN9IJ6K50YL (Bloomberg) — South Korea’s economy rebounded in the third quarter as an outbreak of the Middle East Respiratory Syndrome receded and consumers ventured back to the shops, offsetting weakness in sales abroad. Gross domestic product expanded 1.2 percent from the three months through June, when it grew
Asian Futures Tip Return to Losses With Oil Near Three-Week Low
©2015 Bloomberg News NWLFF56K50XZ (Bloomberg) — Most Asian index futures signaled a return to losses for the region’s stocks, with crude oil near an almost three-week low amid concerns over a global glut and after drugmakers drove declines in U.S. equities. Futures on stock gauges from Japan to South Korea
Gold, Silver Shine Again as Investors Add $393 Million to ETFs
©2015 Bloomberg News NWLDHO6K50Y7 (Bloomberg) — Precious metals are once again enticing investors. After ignoring the assets for most of the year, investors added $393 million to U.S. exchange-traded funds backed by precious metals this month through Oct. 20, on course for the biggest monthly inflow since February. Gold and
Why Hillary Clinton Still Needs To Worry About Her Benghazi Testimony
©2015 Bloomberg News NWLF206JTSED (Bloomberg) — Hillary Clinton is heading into Thursday’s appearance before the House Select Committee on Benghazi with the wind at her back. Coming off a strong debate performance, enjoying rising poll numbers, and now secure in the knowledge that she will not face Vice President Joe
*New York and Jerusalem Partnership Plans to Defend Water Supply
©2015 Bloomberg News NWIYKB6S972B (Bloomberg) — New York and Jerusalem, no strangers to terrorism, are joining forces to protect their water supplies from cyber-attack. The goal is to create the “Food and Drug Administration of cyberdefense for water infrastructure,” Zohar Yinon, who runs Jerusalem’s Hagihon water utility, said after formalizing
Decision on Greek Aid Payment Seen Next Week, EU Officials Say
©2015 Bloomberg News NWGYXD6JTSER (Bloomberg) — Greece may get approval next week for the next payment under its new, 86 billion-euro ($97.5 billion) bailout program, though the government still has work to do to meet the requirements for the disbursement, according to two euro-area officials. The legislation that Greece passed
Japanese Stocks Advance as Trade Figures Spur Easing Speculation
©2015 Bloomberg News NWJU1U6S972L (Bloomberg) — Japanese stocks rose for a second day as speculation grew that the central bank will boost monetary easing after weaker-than-expected trade data. Exporters such as Toyota Motor Corp., Sony Corp. and Honda Motor Co. gained as the yen weakened for a fifth day. Yaskawa Electric
Bernie Sanders’ Danish Utopia Girds for Deeper Welfare Cuts
©2015 Bloomberg News NWHIFISYF01Z (Bloomberg) — Bernie Sanders’ utopia needs fixing. The Denmark that the Democratic Party candidate wants the U.S. to emulate is taking a long, critical look at its welfare model as it decides which bits to scale back. A government commission now says Denmark needs to cut
Goldman Says Older U.S. Workers Poised for a Comeback
©2015 Bloomberg News NWBXGQ6JTSER (Bloomberg) — Older U.S. workers are defying expectations, and international trends, when it comes to their labor force involvement. Americans are living longer, are less likely to have pension plans, and are in better health further into old age — yet a long-running uptrend in 55-64
Netanyahu Nixes Proposal to Wall Off Jerusalem’s Arab Areas
©2015 Bloomberg News NWH2M46S972O (Bloomberg) — Prime Minister Benjamin Netanyahu has rejected a controversial proposal to set up barriers between some Arab and Jewish neighborhoods in Jerusalem following opposition from some of his ministers. Barriers would be counterproductive and may create a false impression that the neighborhoods may eventually be