JPMorgan Cuts Dimon's Pay By 50%

Renesas Electronics Corp., the ailing Japanese chipmaker, plans to cut more than 3,000 additional jobs as it prepares to raise at least 150 billion yen ($1.7 billion) from a government-backed fund and customers.

Nomura's Subbaraman Expects Two More Rate Hikes This Year
18:09 - Rob Subbaraman, Nomura chief economist for Asia, ex-Japan, discusses the outlook for Fed policy with Bloomberg's Betty Liu and Yvonne Man on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
  • Fed's Bullard on Policy, Inflation, Balance Sheet
  • Fed's Bullard Doesn't Expect Another Taper Tantrum
  • Japan's April Jobless Rate at 2.8 Percent