19 October, 2014 by The TZ Newswire Staff Comments Off on Standard Chartered readies to close thousands of UAE accounts as U.S. deadline looms
Standard Chartered readies to close thousands of UAE accounts as U.S. deadline looms
“We regret to notify you that Standard Chartered Bank will no longer be able to provide banking services to you, and your account(s) will be closed 30 days from the date of this letter,” the London-listed bank wrote in a letter to customers dated Oct. 9. The letter – seen by Reuters – has angered UAE customers, who say they have not been given enough time to close their accounts.
19 October, 2014 by The TZ Newswire Staff Comments Off on Business jet sales to keep rising but some purchases delayed
Business jet sales to keep rising but some purchases delayed
Business jet buyers are expected to take delivery of as many as 675 new aircraft worth about $20.5 billion this year, a slight rise over deliveries worth $20 billion 2013, according to a forecast by Honeywell International Inc (HON.N). Corporate fleet managers, including governments and charter companies, plan to make new jet purchases over the next five years equal to, on average, about 23 percent of their fleets, down from about 28 percent in the 2013 survey, Honeywell said.
19 October, 2014 by The TZ Newswire Staff Comments Off on Hedge Funds Say Oil Is Going to $0
Hedge Funds Say Oil Is Going to $0
19 October, 2014 by The TZ Newswire Staff Comments Off on Equity Futures Open Higher, Retrace 50% Of Losses On USDJPY Kneejerk
Equity Futures Open Higher, Retrace 50% Of Losses On USDJPY Kneejerk
More incoherent chatter from Japan about raising Japan’s GPIF allocation to “more than 20%, or around 25%” on the basis of Prime Minister Shinzo Abe’s ‘expert views’ have sent USDJPY higher out of the gate and thus S&P 500 futures are tracking – just as they did Friday afternoon – higher. Treasury futures prices are 6 ticks lower (+2.5bps yield) – retraced all the bond-short capitulation gains from Wednesday. S&P futures are 9pts higher – retracing 50% of last week’s losses.
This…
19 October, 2014 by The TZ Newswire Staff Comments Off on When Confidence Crumbles
When Confidence Crumbles
Once again we awake to an array of seemingly contradictory news and reports across the spectrum. Whether it be Ebola, the financial markets, or just plain ordinary life in general. It seems everything is once again in turmoil.
The issue at hand is migrating from worrisome to darn right alarming. And that’s not counting the general public at large. That speaks directly to the very one’s trying to re-establish confidence.
19 October, 2014 by The TZ Newswire Staff Comments Off on 7 Smart Tips for Buying the Perfect Vacation Home
7 Smart Tips for Buying the Perfect Vacation Home
19 October, 2014 by The TZ Newswire Staff Comments Off on How Renewable Energy Could Leave You Mired in Blackouts
How Renewable Energy Could Leave You Mired in Blackouts
The idea of a world increasingly run on renewable power is great, but the reality may not be as rosy as you think.