Russia Spends Record $48 Billion on Sochi Olympics

Nov. 27 (Bloomberg) -- A record $48 billion will be spent by Russia to host the 2014 Winter Olympics in Sochi. President Vladimir Putin's government is demanding that the country's biggest companies stand firm on commitments to bankroll the games. Bloomberg Markets investigates the skyrocketing costs of the games. This report is featured in the January issue of Bloomberg Markets. (Source: Bloomberg)

Why Hong Kong Is Seen as a Preferred IPO Hub
52:07 - Alex Frino, dean of the Macquarie Graduate School of Management, discusses the IPO market in Hong Kong where values are set to hit a five-year high and why companies find it so attractive. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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