KPN Drops After Cutting Payout to Buy Spectrum

Royal KPN NV, the Dutch phone company partly owned by Carlos Slim’s merica Movil SAB, declined as much as 16 percent after scrapping a dividend to buy frequencies for faster wireless networks.

UBS' Gordon Is Bullish on Oil in Short Term
45:55 - Wayne Gordon, executive director of commodities and FX at UBS Wealth Management, discusses the OPEC production cut extension, oil production in the U.S. and where he sees the market heading. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)
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