Nathaniel Rothschild Wants to Take Over Bumi

Nathaniel Rothschild, who quit the board of London-listed Bumi Plc last month, has raised $270 million for a proposal to the coal producer that would see it sever ties with shareholders including Indonesia’s Bakriefamily, Rosan Roeslani and Chairman Samin Tan.

Yuan Addition to SDR to Draw Inflows to China: Pihlman
12:10 - Jukka Pihlman, head of central banks and sovereign wealth funds for Standard Chartered Bank in Singapore and a former researcher at the International Monetary Fund, talks about the IMF's plan to add China's yuan to its basket of reserve currencies. Pihlman speaks on Bloomberg Television's "First Up." (Source: Bloomberg)
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