Morningstar's Mogarabi Says WPP CEO Replacement Should Come From Within

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Morningstar's Mogarabi Says WPP CEO Replacement Should Come From Within

Morningstar Equity Analyst Ali Mogarabi discusses consequences and reactions on WPP CEO quitting after three decades building an ad empire. He talks to Betty Liu and Haidi Lun on “Bloomberg Daybreak: Aisa.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg
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Asia's Policy Makers Just Scored a New E-Commerce Growth Measure

Policy makers in Asia grappling with how to measure the growth of e-commerce just scored one more tool in Singapore. The Singapore Department of Statistics has started publishing the proportion of the city state's retail sales that were transacted online. In February, those purchases made up 3.9
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Australia's Lending Rules Are About to Batter Home Buyers

A toughening of lax lending standards in Australia is threatening an already-cooling property market. An inquiry into misconduct in the financial industry is likely to lead to greater regulation of the nation's A$1.6 trillion ($1.2 trillion) mortgage market. Banks have routinely relied on an unrealistically low
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Watch Out, the Robot Shipbuilders Are Coming

A robot invasion is underway in one of the last labor-intensive industries — shipbuilding. In search of lower costs and speedier construction times, Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. — the world's two largest — are embracing automation to build critical
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Five Things You Need to Know to Start Your Day

… economy is expected to have brushed off trade wars, debt mountains and regulatory crackdowns in the first quarter. According to the median estimate of economists in a Bloomberg News survey, growth maintained a 6.8 percent pace, well ahead of a target for about 6.5 percent expansion this year.
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