Indian Stocks Gain Before Parliament Convenes
Indian stocks climbed the most in about three weeks amid speculation the government may secure lawmakers’ support for its economic policies in the winter session of the nation’s parliament starting tomorrow.
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The Challenges Facing Japan as Consumer Prices Drop
20:22 - Japan’s consumer prices fell for a seventh straight month and household spending slumped again in September, underscoring the challenges Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda face in trying to revive the world’s third-largest economy. The downbeat inflation and spending data came despite an increasingly tight labor market. The unemployment rate slipped to 3 percent in September, equal to the lowest since 1995. The low jobless figure hasn’t yet resulted in significant wage gains, a key element of efforts to reflate Japan’s economy. HSBC European Economist Fabio Balboni discusses with Mark Barton on "Bloomberg Surveillance."