Indonesia's Bumi Wants Cash to Cut Debt

PT Bumi Resources, Indonesia’s biggest exporter of thermal coal, is seeking to raise cash by selling a unit and issuing shares after the start of a corporate governance probe prompted concern it may struggle to repay debt.

Genworth CEO: Alberta Home Prices Will Fall Up to 10%
13:17 - Canada's largest private residential mortgage insurer sees slumping oil prices doing more damage in the oil-dependent province of Alberta. Stuart Levings, Genworth MI Canada's chief executive officer, joins Bloomberg TV Canada’s Pamela Ritchie to discuss why housing prices will continue to soften. (Source: Bloomberg)
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