27 January, 2015 by The TZ Newswire Staff Comments Off on Singapore Enters The Currency Wars: Weakens SGD By Most In 3 Years
Singapore Enters The Currency Wars: Weakens SGD By Most In 3 Years
Today’s rambunctiousness in US equity markets as every company (even AAPL admitted this quarter would be more problematic from an FX perspective) rotates from ‘weather’ excuses to ‘currency’ excuses is not going to get any better as tonight, yet another world nation entered the ‘devalue-or-die’ brigade. Singapore’s MAS announced a surprise shift in the slope of their policy band – implicitly loosening policy and so the Singapore Dollar dumped over 160 pips against the USD, the biggest drop in almost 3 years, tumbling to its weakest since Mid 2010.
27 January, 2015 by The TZ Newswire Staff Comments Off on Gold stolen from Wells Fargo museum
Gold stolen from Wells Fargo museum
Three masked men used an SUV to smash into a San Francisco Wells Fargo History museum stealing 10 ounces of gold.
27 January, 2015 by The TZ Newswire Staff Comments Off on AT&T logs Q4 loss, but adjusted results top Street views
AT&T logs Q4 loss, but adjusted results top Street views
On a per-share basis, the Dallas-based company said it had a loss of 77 cents. Earnings, adjusted for non-recurring costs, came to 55 cents per share. The results met Wall Street expectations. The average …
27 January, 2015 by The TZ Newswire Staff Comments Off on Does your Main Street or mall need an Apple Store?
Does your Main Street or mall need an Apple Store?
Business leaders say that Apple retail outlets tend to boost their surrounding shopping districts, but “you don’t call them, they call you.”
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27 January, 2015 by The TZ Newswire Staff Comments Off on Wisconsin gov proposes bond plan for new NBA arena
Wisconsin gov proposes bond plan for new NBA arena
Wisconsin Gov. Scott Walker proposed a plan that would help fund a new arena for the NBA’s Milwaukee Bucks.
27 January, 2015 by The TZ Newswire Staff Comments Off on The New Venezuelan Entrepreneur: Making A living Lining-Up For Toilet Paper
The New Venezuelan Entrepreneur: Making A living Lining-Up For Toilet Paper
Submitted by Simon Black via Sovereign Man blog,
At two in the morning, Krisbell quietly slips out of bed so as to not wake the two small children curled up next to her.
She grabs her phone and quickly dials her friends’ numbers as she’s already headed out the door to get the day’s intelligence report.
Most importantly—where is milk, sugar, and toilet paper being sold today?
27 January, 2015 by The TZ Newswire Staff Comments Off on Dollar steps back after weak data and earnings
Dollar steps back after weak data and earnings
The dollar drops after soft spending data and disappointing earnings cast doubts about the optimism on the U.S. economic outlook.