Panasonic Shares Tumble
Panasonic Corp., Japan’s second- biggest TV maker, plunged by the daily limit in Tokyo trading after forecasting a loss 30 times bigger than analyst estimates because of restructuring costs and falling demand.
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OECD's Mann on European Banks, Bonds, and Growth
46:16 - Catherine Mann, chief economist at OECD, and Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discuss the European banking industry, bond market dysfunction, trade, and the organization's outlook for global economic growth. They speak on 'Bloomberg Surveillance." (Source: Bloomberg)