John Bowman, CFA, is managing director, Americas, at CFA Institute. Previously, he served as managing director and co-lead of education at CFA Institute. Prior to joining CFA Institute, Bowman was a fund manager and equity analyst for Mellon Growth Advisors and State Street Global Advisors. He holds a BS in business administration from the University of Mary Washington.
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Japanese wholesale prices increased on an annual basis for the first time in three years in 2017, according to the Bank of Japan. Wholesale prices increased 2.4%, driven by higher prices on coal, oil, nonferrous metals and steel. Nikkei Asian Review (Japan) (tiered subscription model) (16 Jan.)
Chinese e-commerce giant JD.com aims to raise as much as $2 billion for its logistics business in a private funding round, people familiar with the matter said. The move reportedly is part of a plan to take the logistics unit public outside China. Reuters (15 Jan.)
The Greek Parliament has approved a 1,500-page bill for additional austerity, including acceleration of sales of foreclosed properties and revision of labor laws to make calling strikes more difficult for unions. The government hopes no further major measures are necessary before the country's bailout expires in August. Kathimerini (Greece) (15 Jan.)
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