The Traderszone Network

14 December, 2014 by The TZ Newswire Staff Comments Off on Volvo to launch online car sales in marketing shift

Volvo to launch online car sales in marketing shift

Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW . The Swedish carmaker, controlled by China’s Geely, will gradually …

14 December, 2014 by The TZ Newswire Staff Comments Off on Brent rises above $62.50 after earlier crash in volatile trading

Brent rises above $62.50 after earlier crash in volatile trading

Oil markets saw volatile trading in Asia on Monday as Brent prices first fell to a 5-1/2 year low after the IEA cut its outlook and then rose on hopes of improving manufacturing data. In early trading, …

14 December, 2014 by The TZ Newswire Staff Comments Off on China says U.S. appropriations bill violates rules, sends bad signal

China says U.S. appropriations bill violates rules, sends bad signal

China is unhappy with the U.S. spending bill passed by the House of Representatives last week, saying it contains discriminatory clauses that violate the rules of fair trade and “send the wrong signal”. …

14 December, 2014 by The TZ Newswire Staff Comments Off on Caixin Online: India blocks sales of Chinese Xiaomi phones

Caixin Online: India blocks sales of Chinese Xiaomi phones

In a major blow to the overseas expansion plans of Chinese smartphone maker Xiaomi, the Delhi High Court passes an order suspending the sales of Xiaomi devices.
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14 December, 2014 by The TZ Newswire Staff Comments Off on RBNZ cuts USD weighting in NZD index, adds yuan

RBNZ cuts USD weighting in NZD index, adds yuan

The Reserve Bank of New Zealand on Monday announced changes in the way it calculates the domestic currency’s trade-weighted value.

14 December, 2014 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: China’s Macau faces new, slower ‘normal’

Craig Stephen’s This Week in China: China’s Macau faces new, slower ‘normal’

After years of unbelievable growth put Macau far above Las Vegas on the world’s gambling ranks, the enclave’s golden age may now be behind it, writes Craig Stephen.

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14 December, 2014 by The TZ Newswire Staff Comments Off on How sliding iron ore price affects Australia

How sliding iron ore price affects Australia

Australia estimates iron ore will trade at about $60 a tonne as the slump in the commodity deepens the nation’s budget deficit. Gareth Berry, FX Strategist at UBS, discusses.