Why Bank of China Is Doubling Bad Loan Provisions

Aug. 20 (Bloomberg) -- Bank of China more than doubled its money set aside for bad loans as profit growth cooled to the slowest pace in five quarters on weakness in the economy. Bloomberg's Stephen Engle has more on "First Up." (Source: Bloomberg)

Has the West Lost the Ability to Shape the Global Agenda?
01:23 - Lord Robert Skidelsky, a member of the U.K. House of Lords, discusses the rise in income inequality, possible secular stagnation in the West and the Syrian refugee crisis. He speaks with Bloomberg's Joe Weisenthal and Alix Steel on "What'd You Miss?" (Source: Bloomberg)
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