Yakuza-Lending Surge Feared in Japan

Aug. 8 (Bloomberg) -- Victims of loan sharks in Japan and consumer advocacy groups say a possible revision of a law which cracked down on predatory lending may lead to a new surge of suicides and bankruptcies among borrowers. Lawmakers who say the legislation went too far in cutting credit to small businesses in a stagnant economy want to ease restrictions. That’s sparking debate between the two sides. Bloomberg's Scilla Alecci reports from Tokyo. (Source: Bloomberg)
Market Outlook: Should You Get Out Now?
43:14 - Puru Saxena Wealth Management CEO Puru Saxena discusses China intervening in the stock market, the selling of U.S. Treasuries and the outlook for emerging markets. He speaks to Bloomberg's David Ingles, Shery Ahn, Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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