Japan Electronics Makers Should Shift Focus
May 10 (Bloomberg) -- Ryoji Musha, president of Musha Research Co. in Tokyo, talks about Japan's consumer electronics industry. Sony Corp. forecast annual profit that missed analysts’ estimates as Chief Executive Officer Kazuo Hirai rolls out new Xperia smartphones and Bravia televisions to recapture market share lost to Samsung Electronics Co. Musha speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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Trump's View of U.S. Economy Is Flawed, Says Posen
12:16 - The Federal Reserve looks poised to forgo a chance to prove its favorite points. A rate hike at the Federal Open Market Committee’s Nov. 1-2 meeting would show they mean what they say. Economic data have been strong since it met last month. The decision comes just days before the U.S. presidential election. Inflation is below the Fed’s 2 percent goal, reducing the urgency for action. What’s more, the committee has a meeting in mid-December, so officials could wait to see how markets react to a White House win by either Republican Donald Trump or Democrat Hillary Clinton and still be able to deliver a rate rise in 2016. Peterson Institute President Adam Posen discusses the U.S. election with Nejra Cehic and Manus Cranny on "Bloomberg Daybreak: Europe."