24 December, 2014 by The TZ Newswire Staff Comments Off on Ruble stable, but S&P downgrade warning weighs
Ruble stable, but S&P downgrade warning weighs
Russia’s ruble stabilised on Wednesday, as exporters selling foreign currency countered the effect of a ratings agency saying it could downgrade Russia’s sovereign debt to ‘junk’ status as soon as next …
24 December, 2014 by The TZ Newswire Staff Comments Off on China offers fresh support for outbound investment
China offers fresh support for outbound investment
China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday. It was the government’s latest move to encourage use of excess factory capacity …
24 December, 2014 by The TZ Newswire Staff Comments Off on Buffett-backed BYD’s chairman increases stake, may buy more
Buffett-backed BYD’s chairman increases stake, may buy more
BYD Co Ltd , the Chinese carmaker backed by Warren Buffett, said on Wednesday its chairman has increased his stake in the company and may buy more shares as a sign of confidence following the stock’s record …
24 December, 2014 by The TZ Newswire Staff Comments Off on US Yield Curve Collapses To 6.5 Year Lows
US Yield Curve Collapses To 6.5 Year Lows
As yields across the Treasury complex continue to rise this week – amid desks complaining of no liquidity at all (and following yesterday’s weak auction) – the yield curve (5s30s) has collapsed to 108bps, its flattest since June 2008. 2s30s continues to slide also (at 212bps) almost eerily perfectly tracking the plunge in the curve of the early 2000s…
5s30s hits flattest since June 2008…
24 December, 2014 by The TZ Newswire Staff Comments Off on These mid-cap stocks will shine: Analyst
These mid-cap stocks will shine: Analyst
Among other mid-cap companies, JetBlue, Pilgrim’s Pride and Mohawk Industries may cash in on economic trends, a fund manger said.
24 December, 2014 by The TZ Newswire Staff Comments Off on Write-Offs: 12.24.14
Write-Offs: 12.24.14
$$$ Global Headwinds No Match for Dow at 18,000 Milestone [Bloomberg] $$$ SEC Faults Rating Firms for Rule Lapses, Lax Cybersecurity [WSJ] $$$ Uber CEO Indicted In Seoul [WSJ] $$$ MF Global ordered to pay $1.2B in restitution: CFTC [CNBC] $$$ Meet the Hedge-Funder Who Wants to Make the U.S. a Squash Powerhouse [Daily Intel]…
24 December, 2014 by The TZ Newswire Staff Comments Off on ETF trading ‘over,’ stock picking ‘back’: Experts
ETF trading ‘over,’ stock picking ‘back’: Experts
Experts Nelson and Costa said in an interview with CNBC that stock picking is the way to go for investors next year.