DBS Spurns Stake in Danamon by Ending $6.5B Bid

Aug. 1 (Bloomberg) -- DBS Group Holdings ended a bid to buy PT Bank Danamon Indonesia for $6.5 billion in what would have been Southeast Asia’s largest banking takeover after failing to win regulatory approval for a majority stake. Mia Saini reports on Bloomberg Television's "First Up." (Source: Bloomberg)

Pimco's Crescenzi Says Stalled-Out Dollar Is Good News
05:36 - In today's "Single Best Chart," Bloomberg's Tom Keene and Francine Lacqua display the performance of the Japanese yen going back to 2012. They speak with Anthony Crescenzi, portfolio manager at Pimco, on "Bloomberg Surveillance." (Source: Bloomberg)
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