8 June, 2014 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: Has the Piketty backlash begun in Hong Kong?
Craig Stephen’s This Week in China: Has the Piketty backlash begun in Hong Kong?
The duty-free-shopping bastion of Hong Kong may be witnessing a reversal in the fortunes of its richest residents, writes Craig Stephen, making the territory a test kitchen for the outcomes of theory advanced by economist Thomas Piketty.
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8 June, 2014 by The TZ Newswire Staff Comments Off on ‘Sell any rally’ for euro-dollar: UBS
‘Sell any rally’ for euro-dollar: UBS
Gareth Berry, FX Strategist at UBS Investment Bank, explains why the euro may find it difficult to breach the ceiling of $1.40 against the U.S. dollar.
8 June, 2014 by The TZ Newswire Staff Comments Off on China’s Premier urges government to resolve financing, exports issues
China’s Premier urges government to resolve financing, exports issues
FXStreet (Bali) – China Premier Li Keqiang just crossed the wires, with headlines courtesy of…
For more information, read our latest forex news.
8 June, 2014 by The TZ Newswire Staff Comments Off on Caught On Tape: Nancy Pelosi Squirms As Teen Questions Her On The NSA
Caught On Tape: Nancy Pelosi Squirms As Teen Questions Her On The NSA
Submitted by Mike Krieger of Liberty Blitzkrieg blog,
8 June, 2014 by The TZ Newswire Staff Comments Off on PBOC Hits Panic Button: Strengthens Currency By Most In 20 Months
PBOC Hits Panic Button: Strengthens Currency By Most In 20 Months
On the heels of growing contagion concerns regarding shadow banking collateral and the “rehypothecation evaporation” and this weekend’s ‘odd’ Chinese trade data (big drop in imports, no doubt impacted by dramatic commodity invoicing swings), the PBOC has fixed the Chinese currency 0.36% in the last 2 days… the biggest strengthening in the currency since October 2012.
8 June, 2014 by The TZ Newswire Staff Comments Off on Where Metal Spikes Meet The Homeless: In London "The Destitute Are Now Considered Vermin"
Where Metal Spikes Meet The Homeless: In London "The Destitute Are Now Considered Vermin"
First, the world’s oligarchs slowly but surely took over London real estate, where as we reported last week, home prices in May soared by the most in 12 years, and now, according to the Telegraph, in order to make London into an even more exclusive enclave where only the uber-wealthy can rub shoulders, assorted luxury buildings are installing metal spikes on the ground outside to
8 June, 2014 by The TZ Newswire Staff Comments Off on Five years later, do we face a market "melt-up"?
Five years later, do we face a market "melt-up"?
What’s the opposite of a financial crisis? We may be about to find out.