Watling: Weak Economic Data Shows Abenomics Isn't Working
Abenomics isn’t dead, but it’s a long way from vitality. That’s the takeaway from economic data for May that wrapped up with a slew of releases Friday. For the Bank of Japan, the indicators underscore a looming choice for Governor Haruhiko Kuroda to either step up monetary stimulus, adjust his 2 percent, two-year inflation target, or suffer a hit to credibility. Longview Economics CEO Chris Watling discusses Japan with Bloomberg's Anna Edwards on "Countdown."
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Trump Orders Travel Restrictions From 8 Countries
31:52 - President Donald Trump ordered restrictions or suspensions on travel to the U.S. from eight countries, replacing his ban on travelers from six Muslim-majority nations that had been limited by court challenges. Bloomberg's Ros Krasny reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)