7 December, 2014 by The TZ Newswire Staff Comments Off on China faces more pressure as Nov imports shrink unexpectedly, exports slow
China faces more pressure as Nov imports shrink unexpectedly, exports slow
China’s imports shrank unexpectedly in November while export growth slowed, fuelling concerns the world’s second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to …
7 December, 2014 by The TZ Newswire Staff Comments Off on ECB’s loans offer clues in quantitative easing guessing game
ECB’s loans offer clues in quantitative easing guessing game
The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated …
7 December, 2014 by The TZ Newswire Staff Comments Off on Infosys founders seeking $1.1 billion via stake sale: source
Infosys founders seeking $1.1 billion via stake sale: source
Some of the founders of Infosys Ltd want to sell shares for $1.1 billion in the Indian IT outsourcing company, a person familiar with the matter said, months after the company picked its first outsider …
7 December, 2014 by The TZ Newswire Staff Comments Off on Credit Suisse evaluates prime brokerage business as part of October cuts: source
Credit Suisse evaluates prime brokerage business as part of October cuts: source
Credit Suisse AG is considering scaling down its prime brokerage business as part of already announced efforts to reduce risk in its investment banking division, a person familiar with the matter told …
7 December, 2014 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: Why China stock gains may make sense
Craig Stephen’s This Week in China: Why China stock gains may make sense
Some analysts say there’s no logic to the recent rally for Shanghai stocks, but Craig Stephen sees a method to the madness.
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7 December, 2014 by The TZ Newswire Staff Comments Off on Wall Street Moves To Put Taxpayers On The Hook For Derivatives Trades
Wall Street Moves To Put Taxpayers On The Hook For Derivatives Trades
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt:
7 December, 2014 by The TZ Newswire Staff Comments Off on China Fixes Yuan At Strongest Since March As Trade Surplus Hits Record Highs
China Fixes Yuan At Strongest Since March As Trade Surplus Hits Record Highs
Chinese imports and exports dramatically missed expectations this evening but it is imports that was thereal driver that pushed the trade surplus to $54.47 billion (higher than the $43.95 billion expected) record highs. Exports rose just 4.7% YoY (against expectations of an 8.0% rise and previous 11.6% rise) for the slowest growth since April. Imports utterly collapsed; plunging 6.7% YoY (against expectations of a 3.8% rise and prior 4.6% YoY rise). This is the biggest drop since March and 4th largest plunge since Aug 2009.