U.S. Retail Sales Beat Projections; PPI Rises

Aug. 14 (Bloomberg) -- Retail sales in the U.S. rose 0.8 percent in July, more than forecast, following a 0.7 percent decrease in June that was weaker than first reported, Commerce Department figures showed today. Separately, the producer price index rose 0.3 percent in July after an increase of 0.1 percent in the previous month, according to the Labor Department. Michael McKee and Deirdre Bolton report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Why Hong Kong Wants a Tighter Hold Over IPOs
51:39 - Kevin Leung, director of global investment strategy at Hiatong International Securities, and Bloomberg's Eduard Gismatullin discuss the Hong Kong regulator wanting to tighten its grip on the approval process for initial public offerings. They speak to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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