Japan Should Enact Sales-Tax Increase

Aug. 9 (Bloomberg) -- Stephen Schwartz, chief economist for Asia at Banco Bilbao Vizcaya Argentaria SA in Hong Kong, talks about Japan's economic and policy outlook. Schwartz also discusses the prospects for China's economy and Reserve Bank of Australia. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
29:25 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
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