3 May, 2015 by The TZ Newswire Staff Comments Off on Asia shares falter, Aussie dollar hit on soft China PMI
Asia shares falter, Aussie dollar hit on soft China PMI
Asian share markets stumbled on Monday and the Australian dollar took a hit after disappointing news on Chinese manufacturing underlined the need for further policy stimulus in the world’s second biggest economy. “China’s manufacturing sector had a weak start to Q2, with total new business declining at the quickest rate in a year while production stagnated,” said Annabel Fiddes, an economist at Markit. The Australian dollar, often used as a proxy for China risk, fell a quick 20 ticks to $0.7812, though upbeat data at home helped put a floor under it.
3 May, 2015 by The TZ Newswire Staff Comments Off on Icahn calls Apple a rare 50-year success
Icahn calls Apple a rare 50-year success
Apple is the sort of company that only comes along twice in a century, Carl Icahn said, adding that he was pushing the group towards share buyback. The FT reports.
3 May, 2015 by The TZ Newswire Staff Comments Off on Winners and losers in China: Which U.S. companies are profiting?
Winners and losers in China: Which U.S. companies are profiting?
Here’s a quick look at which of the largest U.S.
3 May, 2015 by The TZ Newswire Staff Comments Off on IMF could declare yuan fairly valued: What it means
IMF could declare yuan fairly valued: What it means
Michael Every, head of Financial Markets Research, Asia-Pacific for Rabobank, discusses news that the IMF is on the verge of declaring China’s currency fairly valued.
3 May, 2015 by The TZ Newswire Staff Comments Off on 5 Money-Saving AARP Perks Senior Citizens Can Take Advantage Of
5 Money-Saving AARP Perks Senior Citizens Can Take Advantage Of
There are plenty of reasons to join the 37 million AARP members, and here are five that could save you a bundle
3 May, 2015 by The TZ Newswire Staff Comments Off on Is There a Stock Market Bubble in Bank Stocks?
Is There a Stock Market Bubble in Bank Stocks?
In one word: No.