31 May, 2015 by The TZ Newswire Staff Comments Off on Asia shares stumble as China PMIs fail to allay growth concerns
Asia shares stumble as China PMIs fail to allay growth concerns
MSCI’s broadest index of Asia-Pacific shares outside Japan extended early losses and was down about 0.9 percent, even as Chinese shares were higher in early trading. The Markit/JMMA final Japan Manufacturing PMI rose to a seasonally adjusted 50.9 in May, unchanged from the preliminary reading but higher than a final 49.9 in April. Japan’s Nikkei stock index (.N225) gave up 0.5 percent, as the yen’s recent weakening trend took a breather.
31 May, 2015 by The TZ Newswire Staff Comments Off on Top clicks this week on Abnormal Returns
Top clicks this week on Abnormal Returns
Top clicks this week on Abnormal Returns
31 May, 2015 by The TZ Newswire Staff Comments Off on Abenomics Fail: Japanese Slack-Jawed At Oral Sex Price Deflation
Abenomics Fail: Japanese Slack-Jawed At Oral Sex Price Deflation
Despite proclamations by Kuroda, Abe, and various other elected (and unelected) officials that the ‘deflation mindset’ is gone from Japan, it appears one segment of the population is keenly aware of the ongoing deflationary market for one staple item.
31 May, 2015 by The TZ Newswire Staff Comments Off on When did the left jump the shark?
When did the left jump the shark?
Was it when they started talking about helicopter drops? Or perhaps the point where the LA labor unions asked to be exempted from the new minimum wage law? Maybe, but I vote for this gem from The Guardian, which (believe it or not) is actually considered one of the UK’s respectable newspapers:
31 May, 2015 by The TZ Newswire Staff Comments Off on Citigroup seen shutting Banamex USA unit: WSJ
Citigroup seen shutting Banamex USA unit: WSJ
Citigroup Inc. is expected to close its Banamex USA unit after government authorities began probes of possible violations of anti-money laundering laws, the Wall Street Journal said on its website on Sunday. The bank has suggested the shutting the unit with regulators as a part of talks to settle the probes into Banamex USA’s anti-money laundering controls, the paper said, citing people familiar with the matter. Regulators are not seeking such a move from Citigroup, but they want the unit to pay more than $100 million to settle the allegations, according to those people.
31 May, 2015 by The TZ Newswire Staff Comments Off on American Police Are Shooting And Killing More Than 2 People Per Day In 2015
American Police Are Shooting And Killing More Than 2 People Per Day In 2015
On Saturday we introduced readers to the “Ferguson Effect”. The idea is that the recent spate of prosecutions and instances of social unrest that followed a series of events involving perceived police misconduct directed at African Americans have made police officers gun shy — literally.
Here’s what Thomas W. Smith fellow at the Manhattan Institute and author of “Are Cops Racist?” Heather Mac Donald wrote in a WSJ piece:
31 May, 2015 by The TZ Newswire Staff Comments Off on NSA Surveillance To Lapse At Midnight Although Extension Imminent With Obama’s Signature
NSA Surveillance To Lapse At Midnight Although Extension Imminent With Obama’s Signature
“This is a debate over the Bill of Rights,” exclaimed Rand Paul before this evening’s rare Sunday Senate vote which secured NSA Reform (but leaves a brief window of NSA shutdown before Obama signs the bill), adding, now seemingly falling on the most-bribed and deafest ears, that “this is a debate over the Fourth Amendment. This is a debate over your right to be left alone.”
In two speeches (one before the vote and one after), Paul implored reason among his colleagues.