4 January, 2015 by The TZ Newswire Staff Comments Off on Hedge fund founder, 70, slain in NYC apartment
Hedge fund founder, 70, slain in NYC apartment
A 70- year-old hedge fund founder has been shot dead in his New York apartment.
4 January, 2015 by The TZ Newswire Staff Comments Off on The Fed: Fed’s Kocherlakota opposes adopting formal policy rule
The Fed: Fed’s Kocherlakota opposes adopting formal policy rule
The Fed shouldn’t be forced to follow a single policy rule, said Narayana Kocherlakota, the president of the Minneapolis Fed, on Sunday.
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4 January, 2015 by The TZ Newswire Staff Comments Off on "Now There’s Not Even Soap" Maduro Heads To China To ‘Save’ Socialist Utopia Venezuela
"Now There’s Not Even Soap" Maduro Heads To China To ‘Save’ Socialist Utopia Venezuela
Social media is awash with striking images of #EmptyShelvesInVenezuela (#AnaquelesVaciosEnVenezuela) as the evaporation of basic human staples such as toilet paper has now been hyperinflated to total chaos at warehouses and supermarkets. As President Maduro decries the loss of $100 oil “stability”, vowing to return oil prices to their rightful places (and heads to China for help), lines reach for miles for milk and soap… and the people defy governmental bans on photographing empty market shelves…
4 January, 2015 by The TZ Newswire Staff Comments Off on Euro slides to nine-year low; Asia shares and oil wobble
Euro slides to nine-year low; Asia shares and oil wobble
The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the European Central Bank while soft manufacturing surveys pushed down shares and sent oil prices …
4 January, 2015 by The TZ Newswire Staff Comments Off on Euro falls to 9-year low vs dollar
Euro falls to 9-year low vs dollar
The euro is at nine-year low against the dollar, as it faces the possibility of more ECB monetary easing.
4 January, 2015 by The TZ Newswire Staff Comments Off on Japanese Stocks Tumble 350 Points From Friday Highs, JPY 119 Handle As Crude Keeps Sliding
Japanese Stocks Tumble 350 Points From Friday Highs, JPY 119 Handle As Crude Keeps Sliding
USDJPY tumbles to a 119 handle briefly before Japan opened to its normal JPY-selling spike temporarily lifted the pair ‘off the lows’. This drop dragged stock futures lower with Nikkei 225 tumbling over 350 points from its Friday trading highs. Oil prices continue to slide back towards Friday’s lows and EURUSD is bouncing back from its precipitous decline earlier in the evening. S&P futures were down almost 10pts but have recovered about half their losses.
The New Year Hangover Hits Japanese stocks…
4 January, 2015 by The TZ Newswire Staff Comments Off on 70-Year-Old Hedge Fund Founder Shot Dead By His Son
70-Year-Old Hedge Fund Founder Shot Dead By His Son
We thought yesterday’s absurd story of former hedge fund manager James Crombie, founder of Paron Capital Management, who was arrested after found squatting in a million dollar Maryland house, would be as strange as it gets for hedge fund news this weekend.