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Income Inequality Is Actually Declining in Some Asian Countries
©2015 Bloomberg News NOMKDY6S972B (Bloomberg Business) — The gap between the rich and the poor has been growing across the world. But there is a handful of countries in the Asia-Pacific region where it has decreased, and it isn’t just the Piketty effect. The population-weighted mean Gini coefficient for the entire region rose
Dollar Diving on Obama Report Signals Currency-Strength Concern
©2015 Bloomberg News NPNPZS6TTDS3 (Bloomberg) — The dollar has lost gains made after better- than-expected jobs data amid concern the U.S. government will take steps to limit an advance underpinned by the prospect of the Federal Reserve raising interest rates. A gauge of the U.S. currency retreated to lower than
