8 November, 2014 by The TZ Newswire Staff Comments Off on Wal-Mart to focus on food safety in China: Asia chief
Wal-Mart to focus on food safety in China: Asia chief
Wal-Mart Stores Inc (WMT.N) is focusing on food safety as the world’s largest retailer aims to boost profitability of its more than 400 stores in China, Wal-Mart Asia chief executive Scott Price told Reuters. Food safety is a highly emotive issue in China where there have been numerous scandals from photos of food oil being scooped from drains to tales of phoney eggs and melamine-tainted milk powder.
8 November, 2014 by The TZ Newswire Staff Comments Off on Kuroda sprang easing surprise to head off damaging inflation forecast
Kuroda sprang easing surprise to head off damaging inflation forecast
The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making …
8 November, 2014 by The TZ Newswire Staff Comments Off on Gold & Economic Freedom
Gold & Economic Freedom
…by Alan Greenspan
Published in Ayn Rand’s “Objectivist” newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967.
8 November, 2014 by The TZ Newswire Staff Comments Off on Gold & Economic Freedom
Gold & Economic Freedom
…by Alan Greenspan
Published in Ayn Rand’s “Objectivist” newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967.
8 November, 2014 by The TZ Newswire Staff Comments Off on US alliances in Asia strained amid China’s influence
US alliances in Asia strained amid China’s influence
As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.
8 November, 2014 by The TZ Newswire Staff Comments Off on The Detailed US Shale Oil Cost Curve: Where Is The Line In The Sand?
The Detailed US Shale Oil Cost Curve: Where Is The Line In The Sand?
On an almost daily basis, investors are reassured that a falling oil price is “unequivocally good” for the US economy. The “It’s like a tax cut for the consumer”-meme dominates financial media while the impact on the Shale (or tight) oil industry is shrugged off blindly with “well breakevens are low, right?” As Barclays shows in the chart below, the breakeven price for oil to shut-in tight-oil supply varies by region (and corporation) adding that at $80/b WTI, most producers will sweat it out.
8 November, 2014 by The TZ Newswire Staff Comments Off on China President: Risks to economy "not that scary"
China President: Risks to economy "not that scary"
China’s economy is stable and the risks that it faces are not that scary, President Xi Jinping said on Sunday in a speech at the APEC CEO Summit.