31 May, 2015 by The TZ Newswire Staff Comments Off on Japan May final manufacturing PMI 50.9, back in expansion after rocky April
Japan May final manufacturing PMI 50.9, back in expansion after rocky April
The Markit/JMMA final Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 50.9 in May, unchanged from the preliminary reading but higher than a final 49.9 in April. An expanding manufacturing sector is important for the economy because it would suggest domestic demand is becoming stronger, which would lead to higher growth and make it more likely that the Bank of Japan can meet its 2 percent inflation target.
31 May, 2015 by The TZ Newswire Staff Comments Off on GE launches sales process for U.S. lending units
GE launches sales process for U.S. lending units
General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, sources familiar with the situation said on Sunday. The Wall Street Journal first reported the sales process for GE’s planned divestiture. The chunk of the operation involved represents more than half of the $74 billion U.S. commercial lending and leasing portfolio.
31 May, 2015 by The TZ Newswire Staff Comments Off on Euro pressured by Greek debt worries
Euro pressured by Greek debt worries
The euro was on the defensive early on Monday after Greece missed a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid.
31 May, 2015 by The TZ Newswire Staff Comments Off on The big new investment advice is … boring?
The big new investment advice is … boring?
The long bull market has spawned a lot of advice about the next big play, but analysts are now shifting to tell investors boring is hot.
31 May, 2015 by The TZ Newswire Staff Comments Off on A First-Hand Account Of The Greek Bank Run
A First-Hand Account Of The Greek Bank Run
Submitted by Tom Winnifrith of Share Prophets
Witnessing the great bank run first hand as I deposit money in Greece
31 May, 2015 by The TZ Newswire Staff Comments Off on Twin PMIs show improving Chinese factory activity
Twin PMIs show improving Chinese factory activity
China’s official Purchasing Managers’ Index rose to 50.2 in May, while the HSBC final print inched up to 49.2.
31 May, 2015 by The TZ Newswire Staff Comments Off on The Margin: Big payday awaits woman who didn’t know she tossed vintage Apple computer
The Margin: Big payday awaits woman who didn’t know she tossed vintage Apple computer
“Soon there will be two kinds of people. Those who use computers, and those who use Apples.” Now you can add a third kind of people to that famous slogan from decades ago.