Chinese Malls Waive Rents as Vacancies of 30% Loom

July 2 (Bloomberg) -- Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies. Angie Lau reports on Bloomberg Television's "First Up." (Source: Bloomberg)

Mongolia Reaches Agreement With IMF
22:17 - Mongolia reached an initial agreement with the International Monetary Fund for a three-year program that includes a $440 million loan package as part of a $5.5 billion bailout to help the north Asian country with looming debt repayments. IMF Mission Chief to Mongolia Koshy Mathai explains the agreement on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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