What's Behind Nomura's Jump in Profit?
Nomura's second-quarter profit jumped 31 percent, beating analysts’ estimates as a surge in trading income made up for a slump in brokerage commissions and investment banking. Bloomberg's Russell Ward takes a look at the numbers on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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UBS' Teather Sees Rate Cut for Bank Indonesia
37:09 - Edward Teather, executive director and senior economist for Asean and India at UBS, discusses central bank divergence and Bank Indonesia's policy decision. He speaks on "Bloomberg Markets: Asia." (Corrects guest's rate call in headline.) (Source: Bloomberg)