This is Bloomberg Opinion Today, a hydrating splash through Bloomberg Opinion’s opinions. Sign up here . Today’s Agenda Workers of the world, unite in favor of a four-day week. Why can’t my watch measure my blood pressure? A second wave of defaults is coming for China’s property bond market. What’s behind the stock market rally? (Spoiler alert: Not earnings expectations.) I Owe, I Owe, So Off to Work I Go Last Monday, I worked. This coming Monday, I will also work. In a month when the UK...

Norway has declined a request by its $1 trillion sovereign wealth fund to be allowed to invest in private equity. With too much money chasing too few deals at ever-higher valuations, the government is probably right to maintain its prohibition. An error has occurred You have 1 free Businessweek article left. Register for more. Register or Sign In Already a subscriber? Link your Bloomberg Terminal account or your Businessweek subscription account to access all articles. A Record Year for...

Active investment managers argue that increased market volatility provides an environment in which their stock-picking skills can shine. The world's largest pension fund wants them to put their money -- or rather their fees -- where their collective mouths are. Japan's Government Pension Investment Fund, which has about 163 trillion yen ($1.5 trillion) of assets, is changing how it motivates its external active managers. Instead of paying them higher fees than their passive brethren as a...

"There can’t be all this smoke without some fire," lawmaker Andrew Tyrie complained at a 2014 hearing into whether Royal Bank of Scotland Group Plc mistreated 5,900 business customers. For incendiary material, how about a leaked internal memo suggesting clients should be given enough rope to "hang themselves?" Parliamentarians have given the Financial Conduct Authority until Friday to publish a report the regulator commissioned into the scandal at the taxpayer-rescued lender. The FCA is...

Mark Gilbert is a Bloomberg Gadfly columnist covering asset management. He previously was a Bloomberg View columnist, and prior to that the London bureau chief for Bloomberg News. He is the author of “Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable.” Norway's sovereign wealth fund wants approval to invest some of its $1 trillion of assets in unlisted companies. If the finance ministry assents, the fund will enter an asset class that's already overcrowded, expensive and...