9 April, 2015 by The TZ Newswire Staff Comments Off on China inflation flat in March, producer pricing power stays weak
China inflation flat in March, producer pricing power stays weak
China’s inflation data for March produced small positive surprises, but remained tepid, with little sign that Beijing’s easing measures to date have significantly cut worrisome deflationary pressure. In March, China’s annual consumer inflation rate (CPI) stayed flat at 1.4 percent, above a poll’s projected 1.3 percent. Producer prices (PPI) fell slightly less than projected, contracting 4.6 percent rather than the forecasted repeat of February’s 4.8 percent pace.
9 April, 2015 by The TZ Newswire Staff Comments Off on China stocks rise on easing hopes; HK market fever spills into B shares
China stocks rise on easing hopes; HK market fever spills into B shares
Shares in China and Hong Kong rose on Friday and looked set for solid gains on the week as tepid inflation data reinforced expectations of more policy easing. China’s annual consumer inflation rate (CPI) stayed flat at 1.4 percent, data showed early in the day, while producer prices (PPI) contracted 4.6 percent, highlighting the pressures facing Chinese companies as the economy slows.
9 April, 2015 by The TZ Newswire Staff Comments Off on GE close to selling nearly all its real estate holdings: source
GE close to selling nearly all its real estate holdings: source
This would be the biggest commercial real estate deal since Blackstone’s acquisition of office landlord Equity Office Properties Trust in 2007 for $39 billion, including debt. It comes as the Federal Reserve is widely expected to raise interest rates later in the year, pushing up financing costs. GE and Blackstone declined to comment. “We’re in that sweet spot of 2007 when there’s a lot of money, commercial real estate looks really attractive, and you could do some mega deals,” said Ken Riggs, president of Situs RERC, a firm does commercial real estate valuations.
9 April, 2015 by The TZ Newswire Staff Comments Off on Mom sneaks kids to Mickey D’s amid fast-food backlash, won’t tell Dad
Mom sneaks kids to Mickey D’s amid fast-food backlash, won’t tell Dad
Once a month, she takes her two young children to McDonald’s for inexpensive breakfasts or ice cream. The fact that young mothers like Wood are teaching their children not to tell their dads that they’ve been to McDonald’s may underscore how hard it may be for the world’s largest restaurant chain to remake its image and revive U.S. sales. To lure back consumers, McDonald’s Corp’s (MCD.N) new Chief Executive Steve Easterbrook recently pledged to eliminate chickens fed human antibiotics at its U.S. restaurants.
9 April, 2015 by The TZ Newswire Staff Comments Off on J.J. Zhang’s Winner Take All: Singapore faces a future in which growth won’t come so easy
J.J. Zhang’s Winner Take All: Singapore faces a future in which growth won’t come so easy
Singapore must now look to the future and decide what it holds, particularly from an economic perspective.
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9 April, 2015 by The TZ Newswire Staff Comments Off on Movers & Shakers: Apple likely in spotlight as Watch preorder kicks off
Movers & Shakers: Apple likely in spotlight as Watch preorder kicks off
Apple shares are expected to be active as the company starts taking preorders for Apple Watch at 12:01 a.m.
9 April, 2015 by The TZ Newswire Staff Comments Off on Fans rush to get a first look at the Apple Watch
Fans rush to get a first look at the Apple Watch
From Sydney to Tokyo, Apple enthusiasts are braving long queues to preview the eagerly anticipated Apple Watch.