KB Financial Drops Bid to Buy ING Unit

KB Financial Group Inc.’s board rejected a plan to buy ING Groep NV’s South Korean life-insurance unit, dealing a blow to the Dutch firm’s plan to raise about $2 billion from the asset sale.
U.S. Economy 'Doing Fine,' Data Improving, Harris Says
37:40 - Ethan Harris, co-head of economics research at Bank of America Merrill Lynch, talks about the performance of commodity markets, the U.S. economy and the outlook for Federal Reserve policy. Harris speaks with Alix Steel and Joseph Weisenthal on Bloomberg Television's "Bloomberg Markets." (Source: Bloomberg)
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