Luxury Car Maker BMW Sees Profit Hit by Competition

Bayerische Motoren Werke AG, the world’s biggest maker of luxury cars, reported second-quarter profit that beat analyst estimates as the company sold more 1 series compacts and X3 sport-utility vehicles.

Has Monetary Policy Reached Its Limit in Japan?
05:09 - Michael Every, head of financial markets research for Asia at Rabobank, discusses the Bank of Japan's policy moves, why they're not working and what he says needs to happen. He speaks to Bloomberg's Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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