Betting on Indonesia's Consumer Spending

The Indonesian private-equity firm co-founded by tycoon Edwin Soeryadjaya plans to invest about $480 million, mainly in consumer-related companies, ahead of a planned initial public offering this year.

Full Show: Bloomberg Daybreak: Americas (02/28)
24:30 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include William Daley, head of U.S. operations at Argentiere Capital and former U.S. Commerce Secretary, Rep. Diane Black, chairman of the House Budget Committee, member of the Ways and Means Committee, and a Republican from Tennessee, Max Baucus, former U.S. Ambassador to China and Democratic Senator from Montana, Federal Communications Commission Chairman Ajit Pai, Rep. John Yarmuth, member of the House Budget Committee and a Democrat from Kentucky, Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg View columnist, and David Bianco, chief investment strategist for the Americas at Deutsche Asset Management. (Source: Bloomberg)
  • Economist Goolsbee Says Fed’s Itching to Raise Rates
  • Stoxx 600 Up as Banks Rise on Fed Bets
  • Oprah Realizes You Don't Need Experience to Be President